The Pas Local News

Town of The Pas Offers 3 Year Tax Holiday to Tolko

Trying to keep Tolko Operations running in The Pas is the primary focus of town council right now. Mayor Jim Scott says they’ve presented an option to Tolko. "As a community, we have offered up, effective January 1, 2017, three years of a property tax policy, that's over two and a half million dollars. Our point behind that of course, is that it is better to invest in two and a half million dollars into our future, than it is to say goodbye to a 37 million dollar annual payroll." Scott says they’ve also reached out to Tolko and have invited Allan Thorenstein the Executive Chairman of Tolko Industries to the Pas to visit and talk with council. The tax holiday would mean Tolko would not pay taxes from January 1 2017 until December 31 2019.

 

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