Incentive Programs

Developers can apply for the Industrial Park Incentive Program that will be reviewed by the committee before presented to each municipal council.  To receive the incentive, developers must reach the following criteria:

 

1. New or expanding businesses making a minimum capital investment of $250,000 in the Industrial Park and creating up to 5 new jobs* would be eligible for the following incentives:

  • City and RM to provide a parcel of land to the Developer.
  • Other infrastructure to be determined on an individual basis.
2. New or expanding businesses making a minimum capital investment of $250,000 in the Industrial Park and creating 6-14 jobs* would be eligible for the following incentives:
  • City and RM to provide a parcel of land to the Developer.
  • Other infrastructure to be determined on an individual basis.
  • A cash incentive based on the value of the municipal taxes over a period of time to be reviewed on an individual basis.
3. New or expanding businesses making a minimum capital investment of $250,000 in the Industrial Park and creating 15 or more new jobs* would be eligible for the following incentives:
  • City and RM to provide a parcel of land to the Developer.
  • Other infrastructure to be determined on an individual basis.
  • A cash incentive based on the value of the municipal taxes over a period of time to be reviewed on an individual basis.
 *New jobs would be defined as full time, permanent jobs with a minimum annual wage of $15,000 as evidenced by the Developers annual T4 summary.