How much funding can be received?

Funds up to 100% of admissible expenses, capped at $1600000 per project.

What is the deadline to apply?

The deadline to apply is 2025-12-31T23:59:59Z.

Who are the financial supporters of the Laval Économique — Tax credit – Urban Expansion?

Laval Économique — Tax credit – Urban Expansion is funded by Laval Economique

What are Laval Économique — Tax credit – Urban Expansion's eligibility criterias?

For-profit owners in manufacturing and certain other sectors Minimum post-work property value: $3M for new construction, $2M for expansion/renovation

Laval Économique — Tax credit – Urban Expansion

Last Update: June 9, 2025

Laval, QC

Property tax credit for non-residential construction or renovations

Laval Économique — Tax credit – Urban Expansion at a glance

Eligible Funding

Max. $1,600,000
Up to 100% of project cost

Timeline

Closing date : December 31, 2025

Financing Type

Tax Credits

Eligible Industries

Manufacturing
Administrative and support, waste management and remediation services
Arts, entertainment and recreation

Grant Providers

Laval Economique

Status

Open

Overview of the Laval Économique — Tax credit – Urban Expansion program

The Laval Économique — Tax Credit Urban Expansion program offers a municipal property tax credit for up to $1.6 million per year over a maximum of 60 months to support new non-residential construction and major building improvements. The program aims to bolster business development and competitiveness in Laval by encouraging substantial investment in property development and expansion.

Financing terms and conditions

Property tax credit for a maximum period of 60 months, up to $1.6 million per year.
The credit corresponds to a percentage of the increase in property value after eligible work: 100% for the first 24 months, 75% for the next 12 months, 50% for the following 12 months, and 25% for the final 12 months.
Enhanced percentage if the building achieves BOMA BEST, LEED, or Living Building Challenge certification.

Eligible projects & activities

Construction of new non-residential buildings.
Expansion or major renovation of existing non-residential buildings.

Examples of admissible projects:

$ 1,580,000

Constructing a specialized food-processing plant with cold storage capacity

$ 1,450,000

Expansion and modernization of a commercial printing facility

$ 1,490,000

Major renovation to transform industrial space into medical device cleanrooms

$ 1,590,000

Building a new eco-friendly logistics centre for regional distribution

$ 1,600,000

Transforming vacant land to build an innovative tech hub for SMEs

$ 1,520,000

Expanding a factory to integrate robotics into assembly lines

Eligibility criteria of the Laval Économique — Tax credit – Urban Expansion program

The applicant must be an investor or business owner planning to establish or expand operations in Laval.
The company must operate in the manufacturing sector or select other qualifying sectors.
The project must involve the construction of a new non-residential building or a major expansion/renovation of an existing one.
For manufacturing and similar sectors, the property value increase after work completion must be at least $3 million for new builds and $2 million for expansions or renovations.
For environmental services, cultural exhibitions, or tourist centers, the property value increase must be at least $10 million for new builds and $5 million for expansions or renovations.

Who is eligible?

Manufacturing companies
Environmental remediation services
Exhibitions of cultural objects
Tourism centers

Eligible expenses

Property tax increases resulting from eligible new construction work on non-residential buildings.
Property tax increases resulting from eligible major improvement or renovation work on non-residential buildings.

Eligible geographic areas

City of Laval, Quebec

How to apply to the Laval Économique — Tax credit – Urban Expansion program

Check eligibility requirements

Verify if your business operates in eligible sectors (mainly manufacturing or specified sectors)
Ensure the forecasted increase in property value meets the minimum threshold after work completion

Gather project documentation

Prepare all required documentation related to your project (description, projected costs, timelines, anticipated increase in property value, certifications if applicable)
Ensure no construction or renovation work begins before receiving a written notice of application acceptance

Submit application before deadline

Submit your application and all supporting documents to Laval Économique before December 31, 2025

Await compliance notice

Wait for a compliance notice from Laval confirming your project’s admissibility

Carry out eligible work

Upon receiving the compliance notice, complete the eligible construction or renovation work within three years or by December 31, 2027, whichever comes first

Additional information

Tax credit percentages are enhanced if the building achieves BOMA BEST, LEED, or Living Building Challenge certifications.
Once an applicant receives a conformity notice from the City of Laval, the authorized work must be completed within three years or by December 31, 2027, whichever comes first.