Smarter Spending, Stronger Edmonton: Getting the Most from Every Dollar
- anand4716
- Sep 25
- 3 min read
Updated: Oct 17
Let’s face it - getting more value for our tax dollars is a top concern for Edmontonians right now. A recent Leger poll confirms this: lowering taxes and improving services rank among the highest priorities for our city. Property taxes increased by over 20% in the past four years, and the current Council has locked in another 6%+ for next year alone, pushing household budgets to the brink and making housing more unaffordable.
The question came up multiple ways during the Chamber of Commerce’s Mayoral Debate. Maybe it’s just my background in municipal benchmarking and competitiveness, but I wanted to do a deeper dive.
So, how can we ensure our tax dollars go further? Here’s a look at the numbers — and some practical ways Edmontonians can get better value.
Facilitate More High-Return Development
Edmonton’s tax base is about 50% non-residential - industrial businesses, office towers and retail centres. “High-return development” expands this to also include dense residential projects (like our plan to double the downtown residential population) which generate more tax revenue than the cost of the services they require.
Increasing our tax base is what I worked on for year (with Edmonton and other municipalities in the region) as CEO of NAIOP, Edmonton’s Commercial Real Estate Development Association.
It’s true that Edmonton’s non-residential taxes are more than double many surrounding municipalities, and that we’re losing more and more of our business to the region - but we have things they can’t compete with. We can turn this around by using our size as an advantage instead of an excuse to pull more taxes. I would play to our strengths with things like:
Create a developer funded transit program for businesses looking to open in Edmonton
Build an infrastructure fund for industrial businesses that need new access into sites (critical for warehouses like Amazon)
Expand our supports for universities and create a pipeline directly between businesses and skilled workers.
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