MV County - Province Announces Shallow Gas Tax Relief Program

Reeve Bruce Beattie says for Mountain View County, property taxes from shallow gas producers represent about five to six-hundred thousand dollars per year.

Mountain View County council could make a decision regarding property tax relief for shallow gas producers after summer break in the final couple weeks of August.

That is according to Reeve Bruce Beattie. He says the County's tax deadline is September 15th.

Through the Alberta government's recently announced short term relief plan municipalities may offer impacted companies a reduction of up to 35 per cent on well and pipeline taxation. The money would then be reimbursed this year by the provincial government by an equivalent reduction in the Alberta education property tax requisition amount.

Reeve Beattie says council recognizes this is a quickly evolving situation.

The qualifying properties - about 65,000 wells and their associated pipelines - are located predominantly across 15 municipalities 

Reeve Beattie says for Mountain View County, property taxes from shallow gas producers represent about five to six-hundred thousand dollars per year.

County officials estimated at the Wednesday, July 3rd council meeting that the preliminary list showed a total of about 909 of those types of energy industry wells in Mountain View County.

More from Local News

  • Seize The Summer At Olds Municipal Library

    Staff members at the Olds Municipal Library are encouraging residents to come read with them over the summer.

  • MV County - Crime Prevention Student Project

    Mountain View County council recently heard a possible solution to further the crime prevention initiative established in 2018.

  • Canola Council of Canada - Encourages Producers To Check Crops For Sclerotinia

    If you are a Canola grower and there is enough moisture in the field around lunch-time or mid-afternoon for your pants to get wet while walking through it, then you might want to consider using a fungicide for sclerotinia. That is according to the Agronomy Specialist for the Canola Council of Canada in East Central Alberta. Keith Gabert encourages producers to try that test if you have a good enough crop and want to use a fungicide to protect the yield. He says sclerotinia is fungal disease which affects a lot of broad leaf crops.

  • GGC Chair Attending Meetings With FPT Ag Ministers In Quebec

    Jeff Nielsen - the Chair of the Grain Growers of Canada (GGC) says farmers need really responsible Business Risk Management (BRM) programs and that is what they will be pushing for while in Quebec City this July.

  • Alberta RCMP Tackles Impaired Driving With Traffic Safety Enforcement Operations

    Alberta roads typically experience an influx of drivers during long weekends and this Canada Day was no exception.

  • RMA - Province Announces Shallow Gas Tax Relief Program

    The Alberta government says its short term relief plan will help shallow gas producers cut costs, protect jobs and remain competitive while dealing with economic pressures facing the natural gas industry.

  • Busy July At Olds Golf Club

    Olds Golf Club member Justin Butt was the winner for the 2nd year in a row at the Hildebrand Motors Men's Open thanks to his finally tally of 3-under par.

  • CESD - Budget 2019-2020

    Chinook's Edge School Division will be ready for whatever comes down in the fall from the provincial government, following the Board of Education's approval of the fall budget. That is according to CESD Treasurer Susan Roy. She says CESD trustees recently approved a $128 million dollar budget for 2019/2020.

Recently Played