What Will Edmonton Property Taxes Look Like in 2050?

We have to give credit to the City of Edmonton: they sure are experts in drawing attention away from the huge tax increases over the past decade. The tactics being used are actually a form of crowd manipulation, whereby psychological techniques are used to influence a large group of people. For example, in a recent report[…]

Edmonton Commercial Property Taxes: Limited Time To Act

The City of Edmonton released its draft operating budget today, and to no one’s surprise, they are setting the stage for yet another large increase in property taxes.  While it’s just a draft at this stage, it’s worth noting that the proposed increases does not even take into account other projects such as the Lewis[…]

Businesses in Edmonton Are Asking For A Break in Property Taxes

Joe Rustom, chef and owner of Parkallen Restaurant, said the current business climate in Edmonton is making it difficult for small companies.  A second generation owner, Joe’s parents started the business in 1982.  Over the past decade in particular, taxes have risen considerably, with Joe now estimating his property taxes and utilities cost between $3,500 –[…]

An Eyebrow Raising Graph on City of Edmonton Spending

We’ve been sounding the alarm bell on property taxes for awhile now, so we were very glad to see a number of business associations formalize an advocacy group to encourage City Hall to put a freeze on municipal spending. The group, known as Prosperity Edmonton, has gathered data from different levels of government to show[…]

The Path to Edmonton’s Economic Recovery Is Not a Straight Line

We’re going to bury the lead a bit here.  Before we get to our blog post for the week, we want to highlight that we are eternal optimists and are proud to live and work in Edmonton.  We’re happy to say we’re from Alberta and we sing the Canadian anthem as loud as we can,[…]

Edmonton Office Tower Sells for $400 Million

Less than 3 years after it was built, Edmonton Tower has been sold for $400 million.  We mentioned earlier this year that Edmonton Tower, along with Stantec Tower, were both rumored to be for sale, and at the time we expected buyers to quickly come forward.   Enter the Alberta Investment Management Corporation (AIMCo), a large[…]

Should Edmonton Property Taxes Continuously Rise to Fund Population Growth?

We’re proud Edmontonians. That was the takeaway Chad wanted to highlight on the Ryan Jespersen Show this week.  On behalf of Prosperity Edmonton, Chad was discussing the need for  the City of Edmonton to hold the line on taxes this year.  Although the rampant increase in City spending put a negative tone on the interview,[…]

New Group Aims to Reduce the Heavy Burden of Edmonton Property Taxes

We’ve written extensively about non-residential property taxes in Edmonton.  Whether it is comparing the tax rate to surrounding municipalities, or showing how egregious the increases have been compared to inflation, this is a problem that has attracted the attention of numerous businesses and industry groups.  Just recently, a group of for-profit and non-profit members has gathered to[…]

A Brief Moment in Front of City Council

If you’ve read any of our previous posts, you’ll know we have been proud to promote the initiatives being conducted by Prosperity Edmonton.  To that extent, Chad has also had the opportunity to speak to Global, 630 CHED and CBC to talk about how recent increases in municipal spending has lead to unsustainable increases in[…]