🏠 | Grant | Regional Development Charge: Reduction for Industrial Use

Regional Development Charge: Reduction for Industrial Use

Maurice
By Maurice | May 1, 2025

Amount:

No fixed amount

Type:

Grant

Description:

Reduced rates for a new industrial building or an enlargement of more than 50 per cent of the gross floor area of an existing industrial building, as defined in the Regional Development Charge By-law 14-046.

Comments on Funding:

Amount: A 50 per cent reduction in the non-residential Regional Development Charge rates.

Deadline:

Applications are closed. Stay tuned for future intake announcements.

Eligibility:

Applicants must be developers and property owners in Waterloo Region

Application Steps:

Applicants must see the Regional Development Charges By-law Section 4(2)a and Schedule A (Part II) or contact Erin Gray, Financial Analyst at 519-575-4490 ext.3623.

Documentation Needed:

No specific documentation has been identified

Other Things to Note:

Web Page:

https://www.regionofwaterloo.ca/en/doing-business/development-incentives.aspx#Regional-Development-Charge-RDC-Reduction-for-Industrial-Use
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.