Businesses are set to pay over four and half times the amount of property tax paid by residents for every dollar of assessment. We’ve proposed a three-year plan to better balance taxes between business owners and homeowners. Next week, Council will be discussing shifting the tax share from non-residential to residential by one per cent per year for the next three years. This will reduce the tax rate ratio, support legislative compliance and improve the balance of tax responsibility between residents and businesses. Rebalancing tax responsibility from businesses to residents is anticipated to increase Calgary’s attractiveness to businesses. This in turn will lead to a more diverse local economy, stimulate economic growth, create jobs, expand the economy and provide a stable revenue stream for The City. Learn more at calgary.ca/adjustments and have your say on Nov. 20 by filling out the form at calgary.ca/PublicSubmission. Links in bio. 📹: iamntg #yyc #yyccc #cityofcalgary #yycbiz #...