Business Incentives

The Town of Tofield is committed to encouraging growth and development while attracting new business. 

Tax Incentive

For permanent new commercial/industrial development or 40% building expansion on existing commercial/industrial business the Town of Tofield shall offer the following:  

  • Year one: 75% reduction of municipal property taxes  
  • Year two: 50% reduction of municipal property taxes  
  • Year three: 25% reduction of municipal property taxes  

Read more about our tax incentive for businesses here.

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