Despite the energy industry’s rebound, Red Deer County expects to write off nearly $1 million in unpaid oil and gas taxes this year. Mayor Jim Wood said the county is not giving up on its efforts to lobby the provincial government to do the “right thing”. “And the right thing right now is to, in fact, see that the oil and gas holiday that’s been given to these oil companies revoked. “We would sure like to see that now they are making millions and millions of dollars and giving back to their shareholders they are in fact paying the appropriate property taxes.” Wood said the county helps maintain the roads and other services energy industry companies use. “And when they’re given a holiday by not paying their taxes that has to be made up by the other residents of our community — and that’s not fair.” At the end of 2021, the county had about $6 million in linear taxes — mostly oil and gas pipelines and facilities — on the books. RELATED: The county introduced a payment plan in 2020, which has had some success, to make it easier for companies to pay off their back taxes. County […]
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