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Revitalization Tax Exemption program
Municipal tax relief for industrial investment
Last Update: April 29, 2026
Funding available
Up to 100% of project cost
Timeline
- Closing date : December 31, 2030
Location
North Cowichan, British Columbia, Canada
Overview
This program provides a municipal property tax exemption for eligible industrial projects in North Cowichan. It supports new construction, additions, renovations, and major industrial upgrades.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Renovate or expand facilities
Eligible Funding
- Up to 100% of project cost
Timeline
- Closing date : December 31, 2030
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
Location
- North Cowichan
- British Columbia
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- New industrial construction.
- Major industrial renovations or alterations.
- Industrial expansions and significant upgrades.
Documents Needed
- Current Property Assessment Notice
- Completed application form
- Project description with scope and value
- Executable agreement
Eligibility
Who is eligible?
- Industrial property owners
- Businesses undertaking new industrial construction
- Businesses carrying out major industrial renovations or alterations
Who is not eligible
- Projects on non-industrial lands
- Properties already receiving another municipal tax exemption
- Properties with municipal tax arrears
Eligible expenses
- Property tax exemption on the municipal portion of taxes for eligible improvements.
Ineligible Costs and Activities
- Projects outside North Cowichan’s industrial lands.
- Projects on parcels already receiving another municipal tax exemption.
- Projects with property taxes in arrears.
Eligible geographic areas
- Industrial-zoned lands in North Cowichan
- Excluding the Benchlands Project in Chemainus
Processing and Agreement
- The municipality reviews the written application and supporting documents.
- The application must be accepted by the General Manager, Corporate Services & Community Relations.
- A building permit and occupancy certificate must be issued before the tax exemption certificate is granted.
- An agreement must be signed before the exemption certificate is issued.
- The municipality may cancel the certificate if conditions are not met.
Additional information
- The program is established by municipal bylaw.
- The exemption is tied to the parcel and can transfer to a subsequent owner only under the agreement.
- Council may cancel the exemption if the program conditions are not met.
Contacts
Frequently Asked Questions about the Revitalization Tax Exemption program Program
Here are answers to the most common questions about the Revitalization Tax Exemption program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Revitalization Tax Exemption program?
This program provides a municipal property tax exemption for eligible industrial projects in North Cowichan. It supports new construction, additions, renovations, and major industrial upgrades.
How much funding can be received?
Revitalization Tax Exemption program Funds up to 100% of admissible expenses.
Who is eligible for the Revitalization Tax Exemption program program?
To be eligible for the Revitalization Tax Exemption program program, you must:
Industrial project in North Cowichan
$2 million minimum permit value
Complete application and agreement
What expenses are eligible under Revitalization Tax Exemption program?
New industrial construction.
Major industrial renovations or alterations.
Industrial expansions and significant upgrades.
Who can I contact for more information about the Revitalization Tax Exemption program?
You can contact Municipality of North Cowichan by email at legislativeservices@northcowichan.ca or by phone at 250.746.3100.
Where is the Revitalization Tax Exemption program available?
The Revitalization Tax Exemption program program is available the province of British Columbia.
Is the Revitalization Tax Exemption program a grant, loan, or tax credit?
Revitalization Tax Exemption program is a Tax Credits