Money Matters

The Government of Alberta is investing $40 million to help small and medium sized businesses find new ways to lower emissions, reduce energy costs, and grow the economy.

Small and medium sized businesses make up about 96% of businesses in Alberta and employ hundreds of thousands of Albertans, making them an important part of reducing emissions while creating jobs across the province.

October is Women's History Month and, as we all know, Alberta's women are leaders.

During this month, October 8 -14, 2023 is Women in STEM week and accordingly Alberta's government has opened applications for the Women in STEM Scholarship.

The Government of Alberta has expanded the Space Creation Grant for licensed childcare operators to include private childcare operators, to help make childcare more accessible and meet the needs of Alberta families.

Agriculture Financial Services Corporation (AFSC) is a proud supporter of 4-H in Alberta through post-secondary scholarships, support for a variety of provincial programs, and their 4-H Alberta Grassroots Fund.

Through this fund, any new or existing 4-H Alberta sanctioned club can apply for up to $300 to be used to support activities, programs, events or initiatives that fall into the areas of Agriculture/Agri-Food, Education and Outreach, and Community Well-Being. Funds are distributed on a first-come, first-served basis until all funds are allotted.

The Canada Revenue Agency have announced a new tax credit to help offset the cost of adding a secondary unit for senior or disabled family members.

The Multigenerational Home Renovation Tax Credit (MHRTC), provides a refundable tax credit of up to $7,500 for constructing a secondary suite, starting in 2023.

FarmCash is a cash advance program and cash flow management tool offered by Agriculture and Agri-Food Canada to producers across Western Canada, in B.C., Alberta, Saskatchewan and Maintoba. It provides marketing flexibility when selling, low interest savings, risk mitigation during the growing season, and resources for wise investing.

The Agricultural Financial Services Corporation (AFSC) provides Alberta's farmers and agri-businesses with loans, crop insurance, and farm income disaster assistance. For more information on all the funding and insurance programs offered, please visit their website at afsc.ca

Assessment in Alberta is conducted in accordance with legislation and regulations set out in the Municipal Government Act of Alberta.

Assessment is defined by Municipal Affairs as the process of assigning a dollar value to a property. This value is then used to calculate the amount of taxes payable.

Taxation is the process of applying the tax rate (or mill rate) to a property's assessed value. This determines the taxes payable.

In recognition of the importance of education to the future well-being of rural communities, the Rural Municipalities of Alberta (RMA) established the RMA Scholarship Program in 1995.

We are pleased to announce that we now accept online payments through Bank of Montreal (BMO).