Business & Development Incentives

DOWNTOWN HERITAGE DISTRICT GRANT

The Downtown Heritage District Grant was established to encourage building owners to perform façade renovations to their buildings. Applicants are eligible to apply for the 50/50 matching grant up to a maximum amount of $3,000 once every year. The minimum grant amount is $500, for a total minimum project amount of $1,000. 

HERITAGE GRANT DETAILS AND APPLICATION FORM


COMMERCIAL, INDUSTRIAL AND DOWNTOWN DEVELOPMENT TAX INCENTIVES

The Commercial, Industrial and Downtown Development Tax Incentives are intended to promote new development, and expansions within the Town of Carberry. The rebate amount shall be discussed on a case-by-case basis with the Developer. Rebates will be based on development costs, and other factors that are determined applicable by the Council of the Town of Carberry. Generally, the rebate structure will be as follows: 

Project CostRebate
25% of Assessed Value25% tax reduction for 3 years, max $12,500
$50,000 - $99,99933% tax reduction for 5 years, max $33,000
$100,000 - $249,99940% tax reduction for 5 years, max $100,000
$250,00066% tax reduction for 10 years, max $165,000

COMMERCIAL DEVELOPMENT TAX INCENTIVE DETAILS

INDUSTRIAL DEVELOPMENT TAX INCENTIVE DETAILS

DOWNTOWN DEVELOPMENT TAX INCENTIVE DETAILS

 TAX INCENTIVE APPLICATION FORM


RESIDENTIAL DEVELOPMENT TAX INCENTIVE

The  Residential Development Tax Incentive is intended to promote new development, expansions and improvements to the residential areas within the Town of Carberry.  To be eligible for this rebate, the Developer must enter into a Development Agreement with the Town of Carberry. The rebate amount shall be discussed on a case-by-case basis with the Developer. Rebates will be based on development costs, and other factors that are determined applicable by the Council of the Town of Carberry.

RESIDENTIAL DEVELOPMENT TAX INCENTIVE DETAILS


For more information on any of these grants and incentives, please contact: Karra Burney, Economic Development Officer at (204) 834-6616 or edo@townofcarberry.ca.