🏠 | Grant | Development Charge Exemption for Industrial Development

Development Charge Exemption for Industrial Development

Maurice
By Maurice | May 1, 2025

Amount:

No fixed amount

Type:

Grant

Description:

If development includes the enlargement of the gross floor area of an existing industrial building, the amount of the development charge that is payable in respect of the enlargement is determined in accordance with Section 4 and Regulations of the Ontario Development Charge Act, 1997, c. 27.

Comments on Funding:

If the gross floor area is enlarged by 50 per cent or less, the amount of the development charge in respect of the enlargement is zero. 1997, c. 27 s. 4(2)

Deadline:

Continuous Intake

Eligibility:

Applicants must be developers and property owners in Waterloo Region

Application Steps:

Applicants must consult the finance department of the appropriate municipality.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Web Page:

https://www.regionofwaterloo.ca/en/doing-business/development-incentives.aspx#Waterloo-Region-Incentives
Maurice

About the author

Maurice
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.