Catalyst pays Alberni property tax tab

Catalyst Paper Corp. paid its 2011 property tax tab but still insists they are overtaxed.

.

Catalyst Paper Corp. paid their 2011 property taxes in full and still insist they are overtaxed despite the economic benefits they provide the community.

The announcement that the paper conglomerate paid their $4.6 million tax tab was made at Port Alberni city council’s Monday meeting.

The money will further be divvied up among the city, Alberni Clayoquot Regional District and School District 70.

Catalyst is responsible for more than $1 billion in direct economic benefits to communities they operate in, wrote company president and CEO Kevin Clarke in a letter to Mayor Ken McRae.

The figure includes $8.5 million in payments to Port Alberni suppliers and partners; salaries and wages to its Port Alberni workforce; and spending on economic capital projects.

Port Alberni municipal taxes remain high but officials from both sides continue to work on solutions to lowering them, Clarke noted.

The city’s sewer and water discussions with the company are ongoing, Mayor Ken McRae said.

Marketplace conditions are volatile so a quick solution to municipal tax rates will maintain the viability of the local mill and its continued contribution to the local economy, Clarke concluded.

The payment to Port Alberni follows Catalyst’s $10.7 million outstanding municipal tax payment to the municipality of North Cowichan last week.

Catalyst still owes North Cowichan $397,945 in penalties for late payment, though.

Catalyst is still appealing the municipality’s tax rate in the Supreme Court of Canada in a case that stems from 2009. The case will be heard in October with a decision not likely until 2012.

The company lost its challenge in both B.C. Supreme Court and B.C. Court of Appeal.

reporter@albernivalleynews.com

 

~With files from Cowichan News Leader Pictorial

Watch for an update to this story on www.albernivalleynews.com.

Just Posted

Alberni-Clayoquot Regional District approves one cannabis store, denies another

Stores would have been located across the street from one another in Cherry Creek

UPDATED: Taylor Flats wildfire in the Alberni Valley under control

Fire is located close to Highway 4 near Sproat Lake

EDITORIAL: Plastics ban needs to start from the top

The more people talk about the plastics ban, the more it may catch on elsewhere…

West Coast Amateur in Port Alberni a success

Top overall winner, with a gross score of 140, was Derek Reid from Arbutus Ridge

ARTS AROUND: Last call for cruise ship vendors

Last cruise ship arrives in the Alberni Inlet on July 6

VIDEO: Sproat Lake Fire Department demonstrates sprinkler safety

Demonstration only took 3-5 minutes to create a deadly scenario where no one could survive

’When thunder roars, go indoors’: How to keep safe before lightning strikes

Each year, an estimated 10 deaths and as many as 164 injuries are lightning-related

B.C. rolls out online registration to speed up evacuee processing

Central Okanagan district tests province’s streamlined emergency management digital self-registration

VIDEO: After 73 years, siblings separated by adoption reunite in B.C

Donna Smith of Abbotsford and Clayton Myers of Williams Lake are glad they met each other

B.C.-born Carey Price brings young fan to tears at NHL Awards banquet

Anderson Whitehead first met his hockey idol after his mother died of cancer

Licence issue delays boozing while cruising on BC Ferries

Planned June launch for alcohol sales delayed

Nanaimo a prime market for new plane, Air Canada says

Vice-president previews Airbus A220, praises Nanaimo’s growth in passenger numbers

B.C. school mourns after 13-year-old killed by fallen tree on field trip

Teenager died after being struck and pinned by tree while on a field trip near Sooke

Most Read