To support your investment ideas and to help grow our community several development incentives have been adopted. The incentives were developed with the community in mind and they strike a balance to enable a variety of residential and commercial growth options.
All development incentives have unique terms and are time-bound. Take advantage of these value-added incentives before 2025!
The purpose of this development incentive is to:
Revitalize a privately owned vacant, abandoned, derelict or poorly conditioned residential property and receive a municipal tax credit of up to $10,000.
Add a residential backyard suite to a privately owned residential property and receive a municipal tax credit up to $10,000 (building conversions apply).
The purpose of this development incentive is to:
The Town opted all municipally owned vacant land under fair market value while offering municipal tax credits up to $10,000. All lands were sold by December 31, 2023. Purchasers have 6-months to submit their development plans for approval and one-year after to build. Any buyer that fails to meet their commitments must return the land to the Town. If any lands are returned, the Town will repost them publicly for purchase. Opportunities will be posted at here and on realtor.ca.
For details on what was offered, read the policy below.
The purpose of this development incentive is to:
If you build a new commercial or industrial development in Bassano with a minimum assessed values of 250,000 you are eligible for a municipal tax credit of up to $25,000.
To grow a region is to grow a community and we believe strongly in the value of collaboration and partnerships. There is a wealth of information and resources available weather you are looking to build your first home, expand your business, start an entrepreneurial venture, or to purchase land. You just need to ask.
Here you will find some of our core business partners. Browse their offerings, and reach out to any of the main contacts – everyone is more than happy to assist by answering questions or providing guidance.
Stack local development incentives with other programs offered through the Brooks Newell Region. There is lots of opportunities to leverage through Brooks Newell Region. They are also our administrative body for the Alberta Advantage Immigration Program.
Community Future Wild Rose is a great business resource. They are a non-profit organization with a strict mandate to build an economically diverse future for the communities of the region. Their knowledgeable staff supports small businesses in starting, growing, expanding, franchising, or selling their business. They provide specialized business training, and networking events, and offer flexible business loans.
The Palliser Economic Partnership (PEP) connects Southeast Alberta to markets and investments in Canada and abroad. Learn about communities, economic sectors, and investment attraction by speaking with a PEP representative.
