Notifications

Government mail service may be affected by the Canada Post labour disruption. See how to send and receive government mail during this time

Part of Property tax

Property tax incentives

Municipalities can offer property tax incentives to attract business, boost economic development and revitalize communities.

Overview

Municipalities can attract investment and development by offering property tax incentives to business and industry.

Multi-year tax incentives give municipalities the tools they need to:

  • encourage economic development
  • reducing the burden of starting a new business
  • redevelop brownfield properties
  • revitalize communities

For more information, see the Municipal tax incentives fact sheet.

Benefits

Municipalities can offer multi-year tax exemptions, reductions or deferrals for non-residential properties in order to attract investment, development and revitalization.

Municipal councils are able to pass bylaws establishing tax incentive programs.

Property owners, or prospective property owners, will apply to the municipality

Legislation

Property tax incentives are governed by the following legislation:

Related