|Patty Cake Fiacco|
According to the Premier, Brad Wall Saskatchewan is booming economically. I don't really see it frankly but Brad insists.
So, in a boom, do you really have to offer incentives to corporations to lure them into your city/province?
Apparently you do.
Mosaic, that other American based Potash corporation is moving its "head office" to Regina when ever they get the new McCallum Hill Tower built in downtown Regina. The building, by the way, is the first new office tower build in boomtown in 18 years..
They announced the move about a year ago but, development friendly city hall just agreed to give the multi billion dollar corporation a five year tax break worth $1,500,000. I guess that decision was made to encourage a move that had already been decided upon tax break or not.
This in a year that, for those who actually pay city taxes, they will go up almost 5% and water tax will increase over 27% over the next three years.
I wonder how a guy gets in line for the trough.