Taxes

Residential property taxes are definitely a factor to consider when relocating. Although taxes vary depending on the community, Albertans paid the lowest provincial and municipal taxes, overall, in Canada.

For 2009,  the rate is $19.90 per $1,000 of assessed value for residential taxpayers and $21.54 per $1,000 of assessed value for commercial ratepayers.

For more information contact Emma at the Village Office (Tel: 403- 779-3873) during regular business hours.

Additional Information:

Property tax is either provided as a percentage or as a millage rate.  A mill is one-thousandth of a dollar.  To calculate the property tax, the assessed value of property is multiplied by the mill rate and then divided by 1,000.  For example, property assessed at $100,000 located in a municipality with a mill rate of 20 mills would have a property tax bill of $2,000 per year.