Teck

Teck incurs no tax penalty

Provincial Economic Stabilization (COVID-19) Act extended commercial tax deadline to Sept. 30

A provincial extension trumped the City of Trail’s municipal tax bylaw and absolved Teck of a half-million dollar tax penalty.

On Apr. 27, Trail council adopted Bylaw No. 2885, which extended its municipal property tax deadline from July 2 to Aug. 31 in response to the coronavirus pandemic.

It was initially thought that Teck Trail was a day late in submitting a second payment of over $5.5 M in taxes owed, and was subject to a 10 per cent penalty.

However, on Aug. 14, the province had introduced its Economic Stabilization (COVID-19) Act, which further extended the property tax penalty deadline for major commercial properties within B.C. to Sept. 30, exonerating Teck and others of the penalty.

“The City of Trail determined that it will not collect the 10 per cent penalty associated with Teck’s second property tax payment,” read the city’s Oct. 15 news release. “In this unique circumstance, the provincial act overrides any municipal bylaw pertaining to 2020 commercial property tax deadlines and the associated penalty date.”

Notably, the provincial extension did not apply to residential properties, only to Class 4-Major Industry, Class 5-light industry, Class 6 – businesses, Class 7-Managed Forest Land, and Class 8-Recreational and non-profit properties.

“The city was unaware this particular act had shifted the penalty date forward for the previously mentioned commercial property tax classes. The city has been in communication with its legal counsel and Teck, and we can officially confirm the penalty has been reversed.”

The city also reversed penalties on other commercial properties, but reiterated that “If the province had not passed an act to extend the penalty deadline, the city would have been bound by provincial legislation to proceed with the prescribed 10 per cent penalty, with no exceptions possible.”

The city apologizes for any confusion, and thanks those who were impacted for their understanding.



sports@trailtimes.ca

Like us on Facebook and follow us on Twitter

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Crews retrieved the overturned commercial truck from the crash scene on Friday, Nov. 20. Photo: Betsy Kline
UPDATE: Kootenay woman dies in Genelle collision

The incident occurred Thursday, Nov. 19.

A man wearing a face mask to help curb the spread of COVID-19 walks in downtown Vancouver, B.C., Sunday, Nov. 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
104 new COVID-19 cases in Interior Health

IH is reporting the new numbers since Friday, Nov. 20

Photo: Trail Times
Castlegar man and woman arrested in downtown Trail

Police allege the truck they were in had a stolen licence plate on the rear

Skip Murray Walsh’s team forced a playoff to decide the top team in the first section of Trail Retiree’s Curling at the Trail Curling Club, but fell to Team Hall in the extra match. Photo: Submitted.
Trail Retiree Curling: Hall takes first section in playoff win

Team Murray Walsh forces section playoff with final game win versus Team Tom Hall

USA Today ranked the City of Rossland as its top Canadian ski town, and no. 2 in all of North America, while Nelson was ranked no. 10 overall. Photo: Jim Bailey
Rossland and Nelson rank among top North American ski towns

USA Today ranked two West Kootenay communities among Top 10 Ski Towns in North America

People wearing face masks to help curb the spread of COVID-19 cross a street in downtown Vancouver, on Sunday, November 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
B.C. reports 17 COVID deaths, 1,933 new cases as hospitalizations surge over the weekend

There are 277 people in hospital, of whom 59 are in ICU or critical care

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

(Black Press Media files)
B.C. to test emergency alert system on cell phones, TVs, radios on Wednesday

The alert is part of a twice yearly test of the national Alert Ready system

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
Canada’s inability to manufacture vaccines in-house will delay distribution: Trudeau

First doses of COVID-19 vaccine expected in first few months of 2021, prime minister says

Phillip Tallio was just 17 when he was convicted of murder in 1983 (file photo)
Miscarriage of justice before B.C. teen’s 1983 guilty plea in girl’s murder: lawyer

Tallio was 17 when he pleaded guilty to second-degree murder in the death of his 22-month-old cousin

This undated photo issued by the University of Oxford shows of vial of coronavirus vaccine developed by AstraZeneca and Oxford University, in Oxford, England. Pharmaceutical company AstraZeneca said Monday Nov. 23, 2020, that late-stage trials showed its coronavirus vaccine was up to 90% effective, giving public health officials hope they may soon have access to a vaccine that is cheaper and easier to distribute than some of its rivals. (University of Oxford/John Cairns via AP)
VIDEO: How do the leading COVID vaccines differ? And what does that mean for Canada?

All three of the drug companies are incorporating novel techniques in developing their vaccines

An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers at the project site in Kitimat. This is where several employees are isolating after a COVID-19 outbreak was declared last Thursday (Nov. 19). (Photo courtesy of LNG Canada)
41 positive COVID-19 cases associated with the LNG Canada site outbreak in Kitimat

Thirty-four of the 41 cases remain active, according to Northern Health

7-year-old Mackenzie Hodge from Penticton sent a hand-written letter to premiere John Horgan asking if she’d be able to see her elf, Ralph under the new coronavirus restrictions. (John Horgan / Twitter)
Elf on the shelf an acceptable house guest, B.C. premier tells Penticton girl

A 7-year-old from Penticton penned a letter asking if she’d be allowed to see her elf this year

Workers arrive at the Lynn Valley Care Centre seniors home, in North Vancouver, B.C., on Saturday, March 14, 2020. It was the site of Canada’s first COVID-19 outbreak in a long-term care facility. THE CANADIAN PRESS/Darryl Dyck
Rapid tests ‘not a panacea’ for care homes, Dr. Bonnie Henry says

B.C. lacks capacity for daily tests of thousands of workers

Most Read