City council to consider motion aimed at easing tax burden on businesses

Calgarians are invited to a public hearing to learn more about how the city plans to deal with its growing tax problem. The city must make up $250 million in lost property taxes from downtown office towers and councillor Evan Woolley plans to put forward a notice of motion that hopes to alleviate some of the tax burden on businesses. In 2017 and 2018, the city limited business property tax increases to no more than five percent and made up the difference by taking money from reserves. This year,