In addition to its low industrial tax rate, North Bay offers several financial incentive programs that help offset both operating and capital project costs. Our industrial parks offer fully-serviced land at attractive prices, choice of location and size of parcel, combined with Municipal, Provincial and Federal incentives.
While the following section highlights some of the incentive programs that are available, we encourage you to contact a member of our team to help find a solution for your specific needs.
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Through the Development Application Review Team (DART) all the staff members that you need for your project are available at once to review your proposal and give you comments right at the table! The DART reviews all development applications and Site Plan Control Agreements to ensure that we are doing everything we can to move your project forward quickly and to meet project deadlines.
North Bay's pro-active business City Council has eliminated industrial development charges, implemented a 20 year commercial tax reduction strategy and has reduced industrial taxes by 66%, to one of the lowest levels in Ontario.
The City of North Bay offers a variety of municipal owned site options for development, including 600 acres of fully serviced air and ground side parcels for sale or lease at North Bay Jack Garland Industrial Business Park, and commercial acreage at the south entrance to the City, all competitively priced.
Close proximity to major transportation routes and access to advanced telecommunication network make North Bay’s industrial properties an excellent expansion or relocation option.
The North Bay Jack Garland Airport (NBJGA) is recognized as a key economic driver and is vital to the economy of North Bay and area. A critical mass of aerospace/aviation firms involved in a wide range of assembling, manufacturing, repair and overhaul (MRO), charters, flight services, and training activity are already present on the airport lands.
The goal of the ACIP is to assist in the successful development of an attractive Airport Business Park by means of providing Municipal Tax Assistance, Municipal Fee Rebate Program, and Landfill Tipping Fee Reduction.
A Brownfield is defined by the province as an undeveloped or previously developed property. A Brownfield has known or suspected contamination problems, which prevents or limits potential redevelopment opportunities from proceeding.
A series of investments by the City of North Bay has created a unique opportunity to redevelop these Brownfield sites. Most notably, the City of North Bay is in the process of redeveloping over 20 acres of Brownfield site into a Community Waterfront Park.
To help private sector proponents overcome the financial barrier to investing in these Brownfield sites, the City of North Bay has launched the Brownfield Community Improvement Plan, which provides a combination of financial incentives. Please visit the City website for more information about BCIP or contact a member of our team.
The Downtown Community Improvement Plan (DCIP) is a City-funded incentive program that is designed to stimulate private-sector investment in the Downtown. The goal of the DCIP is to improve the attractiveness of the Downtown by encouraging sustainable businesses and residential projects. For more information contact us or visit the Downtown Community Improvement Plan page on the City of North Bay Website.