Explore Tax Exemptions and Financial Incentives
Strathcona County is an empowering business environment in Canada’s largest hydrocarbon processing region: a world-class location for major industrial projects in the energy and petrochemical value chains.
Industrial Development Incentive
New construction and expansion projects located in Strathcona County can apply for a tax exemption that is between one percent to two percent of total eligible capital costs.
Strathcona County’s tax exemption incentives are complementary in alignment with the Government of Alberta’s Petrochemical Incentive Program, which also offers grants for eligible facilities that are valued at up to 12% of eligible capital costs.
Incentive Eligibility
A project that is deemed eligible for tax exemption must meet the following criteria:
- Be physically located within either the Industrial Heartland Area or Strathcona Industrial Area.
- Be an energy value chain project or associated infrastructure.
- Be either a new construction or expansion project.
- Have a capital cost greater than $50 million CAD.
- Employ at least 250 workers during construction or 15 permanent staff once operational.
- Meet additional legal and financial requirements as outlined in the bylaw.
Application Process
Applicants can download the application form and guidelines on this page to begin their application process. Interested applicants are recommended to contact Strathcona County Economic Development and Tourism to discuss their potential eligibility for the program or to notify of an incoming application.
Strathcona County Tax Exemption Bylaws
Our Council recognizes the importance of industry and supports attracting new facilities through the goal of Economic Prosperity in the 2023-2026 strategic plan.
Request Your Personalized Package
Allow our expert team to guide you through available incentives at various government levels. Reach out to us for a personalized information package tailored to the incentives for your project.
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