What are the benefits of the East Balzac development to Rocky View?
The East Balzac development will assist in addressing one of the major challenges facing rural municipalities across Alberta: the loss of key essential services and employment opportunities. It will create thousands of jobs, attracting people to live and work in both Rocky View and surrounding rural and urban areas. The East Balzac development will help Rocky View to diversify its tax base. This is essential following the reduction of the municipality’s non-residential tax base as a result of the City of Calgary’s recent annexation and other annexations that have occurred in Rocky View. Rocky View’s current assessment base is 79% residential. The development will provide enhanced opportunities for the local agriculture industry by creating additional markets for things like hay and oats and veterinary services.