Airport Development Revitalization Tax Exemption Bylaw
Public Submissions
Following an opportunity for members of the public to provide their input, Council adopted Airport Development Revitalization Tax Exemption Bylaw No. 22-4-23, 2026, to provide tax exemptions for new indoor recreational and/or commercial developments at the Kamloops Airport. Businesses that are considered industrial under Zoning Bylaw No. 55—such as contracting services, warehousing, wholesale distribution, machine and welding shops, and light industry—must support airport operations, airport logistics, aviation activity, airport users, travellers, tourism, or airport‑related business services.
The objectives of this tax exemption program are to enhance the competitive advantage of the Kamloops Airport and to encourage new investment and economic activity within the airport property. The proposed tax exemption only includes developments with minimum new improvement values of $300,000 to support more substantial development opportunities. The tax exemption for new indoor recreational and/or commercial buildings will be 100% of the increased assessed value of improvements for a maximum of 10 years.
- Read the full June 23, 2026, report here.
View the full Council Highlights for this meeting
Key details
- Agenda section
- Public Submissions
- Council meeting
- 2026-07-14
- Matter lifecycle
- Adopted
- Meeting appearances
- 1
Official City of Kamloops source ↗
Council outcome
Adopted
Following an opportunity for members of the public to provide their input, Council adopted Airport Development Revitalization Tax Exemption Bylaw No. 22-4-23, 2026, to provide tax exemptions for new indoor recreational and/or commercial developments at the Kamloops Airport. Businesses that are considered industrial under Zoning Bylaw No. 55—such as contracting services, warehousing, wholesale distribution, machine and welding shops, and light industry—must support airport operations, airport logistics, aviation activity, airport users, travellers, tourism, or airport‑related business services. The objectives of this tax exemption program are to enhance the competitive advantage of…
Key amount(s): $300,000
In favour: members of the public to provide their input, Council adopted Airport Development Revitalization Tax Exemption Bylaw No
Staff recommendation / action
That Bylaw No. 22-4-23 be adopted.
Imported by CI City Hall. Source records can change; use the official City link for authoritative information.
