Residential Revitalization Policy

The Town of Rosetown adopted a two year policy, where any individual/ corporation/ partnership that purchases a residential property, excluding property owned by the Town of Rosetown, that has been previously developed, will have an agreement for a three year period in which the taxable assessment shall be $100.00 on any improvement built or placed on the property. The taxable agreement shall be for the purposes of economic development as listed under section 298(5) of The Municipalities Act.

Business Incentive Program

The Town of Rosetown supports business and community development & retention by offering the following new business incentives:

• Eligible businesses must be new and not compete with existing businesses.
• 50% tax exemption in Year One.
• 25% tax exemption in Year Two.
• Buildings will not be assessed in the calendar year of construction.
• Serviced land at a sale price in the Industrial Park.
• Some town services will be provided at construction times.
• Business incentives are conditional based on the the business being in active operation.

For more information on the incentives described please contact the Town of Rosetown at (306) 882-2214.