In 2017, the RM of Sherwood Council passed the Commercial & Industrial Tax Incentive Policy No. 2017-03 that was targeted to expand and attract businesses in the RM. Given the current state of economic development, and the RM maintaining the tax levy as low as reasonably possible (0% increase in 2020) all financial concerns must be considered. The Commercial & Industrial Tax Incentive Policy No. 2017-03 has been rescinded effective June 10, 2020.
All applications that were considered and approved by Council prior to June 10, 2020 will be honoured until the expiration of the previously approved term.