Tax revolt? Unpaid taxes from energy companies to cities in Alberta more than double

Alberta’s rural municipalities say the amount of unpaid property taxes they owe to oil and gas companies has more than doubled over the past year.

The association says they owe a total of $ 173 million – an increase of 114 percent over last spring.

Years of low oil prices have left many small producers in serious trouble.

But rural officials say recent court rulings have rendered them powerless to collect tax money they owe them from economically distressed businesses.

Likewise, they say the provincial government recently completed a program that reimbursed them money they lost by reducing taxes on certain types of wells.

Reeve Paul McLauchlin of Ponoka County, where unpaid taxes make up about 10 percent of total revenue, suggests the non-payment represents a tax revolt from an industry that wants to cut costs wherever it can.

He says some of these taxes are owed to companies that are still in operation and viable.

This report from The Canadian Press was first published on January 20, 2020

The Canadian press

Leave a Reply

Your email address will not be published. Required fields are marked *