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NorskeCanada tax reduced in Powell River

The Powell River municipal council reduced NorskeCanada’s property taxes by $200,000 annually for the next five yea…

The Powell River municipal council reduced NorskeCanada’s property taxes by $200,000 annually for the next five years, with a total reduction of $1 million per year.
The Council also established a five-year economic revitalization rate of zero on capital upgrades as a way to encourage significant investments by heavy industry.