Incentives & Funding
Expedited Permitting
Through our Development Application Review Team (DART), we assemble all relevant municipal and partner agency representatives involved in providing project approvals. This allows for an immediate review and feedback of your proposal, prior to making applications. DART meets bi-weekly to review and help advance development applications including Site Plan Control Agreements, Committee of Adjustment Applications, Official Plan Amendments, Rezoning, Subdivision and Condominium Applications.
No Industrial Development Charges
North Bay's City Council has eliminated industrial development charges, reflecting our commitment to fostering business growth. For detailed information and rate details, explore the Development Charges section on the City of North Bay's website.
Competitively Priced Land
The City of North Bay has municipally owned sites for development. This includes fully serviced air and ground-side parcels available for lease or sale at the Airport Industrial Business Park, and competitively priced commercial acreage at the south entrance of the city.
Growth Community Incentive Program
The City's Growth Community Incentive Program (GCIP) is designed to support industrial development and specific intensification efforts in housing and downtown waterfront commercial projects.
An application for any financial incentive program contained in this GCIP:
- Can be made only for development, redevelopment, rehabilitation, and/or adaptive reuse of a building or property within the identified target areas of this CIP;
- Must be submitted to the City prior to the commencement of any works to which the incentive program will apply and prior to the application for a building permit; and
- Must include plans, drawings, studies, reports, cost and/or other studies, details and information as may be required by the City to satisfy the City with respect to project eligibility, design, performance and conformity with the CIP.
Please contact a member of our team to learn how to apply.
Funding Assistance
Explore a range of funding opportunities from municipal, provincial, and federal partners. Programs are available for existing businesses, startups, events, youth initiatives, research projects, community initiatives, and more. Additionally, private investment capital could be accessible through the Northern Ontario Angels. Our team is eager to work one-on-one with you to create a personalized financial plan and find the ideal solution to meet your unique needs.
Below is a list of funding partners available in the region