
North Battleford approves 5-year tax break incentive to revitalize downtown
The City of North Battleford has approved what officials are calling a “more aggressive” incentive policy aimed at revitalizing the downtown core and attracting investment.
The program, passed unanimously by council, offers tax incentives to businesses investing at least $50,000 in renovations or new construction. Eligible projects can receive up to 100 per cent of their municipal property taxes back for up to five years.
“Really, what it is—we think it’s a fairly aggressive approach to developing the downtown and encouraging people to either improve their buildings or for people to come in and take over a building and improve that building,” City Manager Randy Patrick told battlefordsNOW.
“Really looking to enhance the businesses that are downtown and enhance the look of the downtown. And I think that’s exactly what those incentives do.”