Recently passed legislation by Kamloops council should reduce red tape and when it comes to new business developments downtown and on the North Shore according to the Kamloops Chamber of Commerce.
While on the NL Morning News, executive director Acacia Pangalinan said the Chamber has pushed for The Revitalization Tax Exemption along with the new Intercommunity Business Licensing Program and is happy to see both of them coming to fruition. “I think this is really a testament to the work like organizations like the Chamber have done over years and working with government to talk about the challenges and barriers that business is consistently up against.”
“So, you now we lobbied for the inter community business licensing program for almost the better part of ten years so to see it finally happen in this area is fantastic.”
She says the new rules should lead to a stronger desire for doing business in the city. “The reason we put that forward is because there is such a demand for better class A commercial buildings in our core areas. So, the RTE is really an important tool that businesses are going to be able to use to invest in the downtown.”
Pangalinan says the Chamber has been pushing for both legislations for some time. “With the revitalization tax exemption, our members actually passed a policy at our AGM in March of 2019 trying to encourage better development or use of our core areas and our was mostly focused around brownfield sites, so contaminated sites.”
Pangalinan says she’s confident we’ll start seeing developments both downtown and on the north shore in the coming months.