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