Local News

The Town of The Pas Has Offered Tolko a Tax Holiday.

 

Trying to keep Tolko operations running in The Pas is the primary focus of The Pas Town Council right now.  Mayor Jim Scott says they have presented an option to Tolko.  He explains that as a community they have offered up effective January 1st, 2017 three years of a property tax holiday which is over two and a half million dollars. He says the point behind that is its better to invest two and a half million dollars in their future than it is to say goodbye to a 37 million dollar annual payroll.

             

Scott adds they’ve also reached out to Tolko and have invited the Executive Chairman of Tolko Industries Allan Thorenstein to visit and talk with Council.  The tax holiday would mean Tolko would not pay taxes from January 1st 2017 until December 31st, 2019.

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