Business Incentives
The Township of Ignace is now focused on strengthening its local economy through strategic approaches aimed at building the right capacity to accommodate the right type of investments as it positions itself for long term sustainable growth and development.
The Town has created a Community Improvement Plan (CIP) to allow for municipal incentives to stimulate private and public sector investment in our community.
The comprehensive set of incentive programs presented below has been developed to realize the goals of the CIP by encouraging private sector re-development and re-investment in Ignace. These programs have been developed based on discussions with community members, Township staff, Township Council, the Advisory Committee, as well as a review of municipal best practice. Applicants may use individual incentive programs, or combine multiple programs for a single site or development, unless otherwise specified. Incentive programs for eligible projects may also be combined with other federal and provincial funding programs. All programs are subject to funding allocated by Township Council on an annual basis.
| Program Name | Overview |
|---|---|
| Municipal Land Disposition Program | Sale of municipally-owned surplus lands at up to 90% below market value where a proponent is prepared to apply for a building permit within two years of purchase. |
| Tax Increment Equivalent Grant | Grant representing 100% rebate of the municipal portion of a property tax increment resulting from redevelopment, building improvements and new development. |
| Signage Improvement Grant | Grant representing 50% of construction and design costs related to signage improvements to a maximum of $2,500. |
| Façade Improvement Grant | Grant representing 50% of construction design and costs related to façade improvements up to a maximum of $5,000. |
| Planning and Building Permit Fee Grant | Grant representing up to 100% of the cost of Official Plan Amendment applications, Zoning By-Law amendment applications, Minor Variance applications, or demolition applications where new development is proposed. |
| Accessibility Grant | Grant representing 50% of the construction costs related to accessibility improvements to a maximum of $2,500. |
You can also download the full Community Improvement Plan and Application Forms here.