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:
$ 1,490,000
Major renovation to transform industrial space into medical device cleanrooms
$ 1,580,000
Constructing a specialized food-processing plant with cold storage capacity
$ 1,450,000
Expansion and modernization of a commercial printing facility
$ 1,590,000
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
1
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
2
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
3
Submit application before deadline
- Submit your application and all supporting documents to Laval Économique before December 31, 2025
4
Await compliance notice
- Wait for a compliance notice from Laval confirming your project’s admissibility
5
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.
Contact Laval Economique
l.emondpaquin@laval.ca
4388730269