Alberta reviewing plan on forcing oil firms to pay excellent municipal taxes

Alberta might quickly require oil and fuel firms to be on high of their municipal property taxes in the event that they wish to maintain producing.

It’s certainly one of greater than a dozen proposals contained in a brand new report launched by the Rural Municipalities of Alberta and the province.

Unpaid municipal taxes by some within the vitality business is a long-standing challenge, with Alberta’s rural communities owed greater than $250 million as of final 12 months.

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Unpaid oil and fuel taxes inflicting concern for rural Alberta municipalities

Municipal Affairs Minister Dan Williams says that cash will possible by no means be recovered.

Williams says municipalities can’t accumulate what’s owed to them from firms that not exist, however says he hopes the brand new report is a path ahead.

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Rural Municipalities president Kara Westerlund says she hopes no less than some may be recovered and that the brand new insurance policies put an finish to the issue.

— Extra to come back…