Strathcona County Industrial Development Tax Exemption Incentives
Municipal tax exemptions worth 1 to 2 percent of eligible capital costs for major energy value chain projects in Strathcona County industrial areas.
About this program
Strathcona County's Industrial Development Tax Exemption Incentives support new construction and expansion projects in the Industrial Heartland Area or Strathcona Industrial Area. Eligible projects can apply for a tax exemption valued between 1 percent and 2 percent of total eligible capital costs. Projects must be energy value chain projects or associated infrastructure, have capital costs greater than $50 million, and meet employment, location, legal, and financial requirements.
Eligibility
Eligible applicants are industrial developers or companies undertaking new construction or expansion projects in Strathcona County's Industrial Heartland Area or Strathcona Industrial Area.
Requirements
- Project must be physically located within the Industrial Heartland Area or Strathcona Industrial Area.
- Project must be an energy value chain project or associated infrastructure.
- Project must be new construction or an expansion project.