Government Grant
Sustainable Industrial Buildings. Accelerating Sustainable Investment Program
The Sustainable Industrial Buildings Program is an incentive program that provides subsidies equal to the general property tax increase resulting from construction, expansion, renovation or demolition-reconstruction work to owners of buildings used for target economic activities within the Montréal urban agglomeration. With the Sustainable Industrial Buildings Program, Montréal is committing $43.6 M to the development of industrial sectors over a 12-year period.
- 4.5/5.0
- City of Montreal
- All levels
- Last updated 7 months ago
- English
Description
The Sustainable Industrial Buildings Program is an incentive program that provides subsidies equal to the general property tax increase resulting from construction, expansion, renovation or demolition-reconstruction work to owners of buildings used for target economic activities within the Montréal urban agglomeration. With the Sustainable Industrial Buildings Program, Montréal is committing $43.6 M to the development of industrial sectors over a 12-year period.- Encourage real estate investment, particularly at the industrial level; maintain a diversified economic structure; improve Montréal’s competitiveness; enhance or convert the industrial built environment; prioritize high-potential economic sectors; help expand the tax base of the agglomeration; support sustainable investment projects in identified economic centres, particularly high-potential sectors; better integrate the concept of sustainable development into Montréal’s economic development; accelerate the return of the manufacturing sector on the island of Montréal in a more innovative form; encourage investment in innovative and sustainable initiatives.