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Economic

From providing tools that support economic vitality to developing cost savings programs, your bottom line is important to us. 

​Scroll through the categories below to learn more about our Economic-related Programs & Initiatives. 

 

 

 

Fundamentals of Alberta’s Property Assessment and Taxation System

The property tax system is based on the fundamentals of assigning a dollar value to each property for the purposes of taxing property in a fair and consistent manner. The terms ‘assessment’ and ‘taxation’ are not interchangeable. ‘Assessment’ is the process of estimating a dollar value of a property. ‘Taxation’ is the process of applying a tax rate to a property’s assessed value to determine the taxes payable by the owner of that property.

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