Tax Incentives

Drumheller Valley is a welcoming home with exciting potential and a sought-after tourist destination! The Valley is full of opportunity to live, work, play and invest. We encourage sustainable growth and welcome new business opportunities.

Residential Development Incentive Programs 

New developments of single family detached residences, attached or unattached townhouses, or row houses with a listing sale price between $180,000 to $250,000 dollars may be eligible for property tax exemptions. 
Multi-unit residential rental dwellings that are a minimum of 4 units to a maximum of 16 that are rented for less than $850.00 per month may be eligible for property tax exemptions. 
 
Read the full Residential Exemptions Bylaw

Non-Residential Development Incentive Programs 

New business developments and/or business expansion in the Drumheller Valley may be eligible for property tax exemptions.  
Read the full Commercial Development Incentive Policy  
New businesses that have never had a business license in the Town of Drumheller that utilize existing vacant spaces may be eligible for property tax exemptions. 
 
Read the full New Business Vacant Building Incentive Policy

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