Will there be a BIA levy in 2026?
No. The City will not collect a BIA levy in 2026.
Under provincial legislation, The City is required to pass a BIA tax rate bylaw in the spring if a Business Improvement Area exists within the municipality. However, City Council has given first reading to a bylaw that would disestablish the BIA, which triggers a legislated process that must be followed.
If the disestablishment process is still underway when The City is required to pass its tax rate bylaw, City Council has the option to set the BIA levy rate at zero.
Will Downtown Red Deer gift cards continue to function?
Yes, the cards will continue to function and there is no expiry date. Downtown Red Deer Gift Card is issued by Peoples Trust Company. Card funds are not insured by the Canada Deposit Insurance Corporation (CDIC). Funds do not expire, cards are non-reloadable and provide no cash access. Inquiries regarding the Downtown Red Deer Gift Card may be directed to supportna@mi-cnx.com.