Sustainable industrial buildings subsidy
Montréal, QC, Canada
Maximize your investment with substantial property tax subsidies by participating in this innovative industrial development program
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Transportation and warehousing
- Information and cultural industries
- Professional, scientific and technical services
- Management of companies and enterprises
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- City of Montreal (MTL)
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grant_card_status|open
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The Sustainable Industrial Buildings Program offers a subsidy of up to $1,000,000 annually, aiming to promote real-estate investment with a focus on sustainable development in the Montréal area. It supports construction, expansion, renovation, or demolition-reconstruction projects for buildings used exclusively for specific economic activities such as manufacturing, aircraft maintenance, and environmental consulting services. The program is intended to enhance Montréal's competitiveness and expand its tax base while integrating sustainability into its economic development.
grant_single_labels|projects
This grant is specifically targeted at businesses located within the agglomeration of Montréal. It aims to support sustainable industrial growth in key areas of the city.
- All eligible businesses must be located within the agglomeration of Montréal.
grant_single_labels|admissibility
The company eligibility criteria for the Sustainable Industrial Buildings Program grant are as follows:
- New buildings must meet one of the following conditions:
- Obtain LEED certification
- Obtain Living Building Challenge certification
- Obtain BREEAM certification
- Obtain HQE certification
- Obtain Passive House certification
- Obtain Zero Carbon Building certification
- Meet building code requirements for wood-frame structure
- Existing buildings must meet one of the following conditions:
- Obtain BOMA BEST certification
- Meet one of the required conditions for a new building
- Target economic activities include:
- Manufacturing in general
- Aircraft maintenance, repair and servicing
- Film, video, and audio recording production
- Architecture, engineering, and testing laboratories
- Specialized design services
- Computer system design and related services
- Off-the-shelf software publishing
- Data processing and hosting
- Environmental consulting services
- Physical science, engineering, and life sciences research and development
- Head offices and regional offices
- Rooftop greenhouses
- Value-added logistics
- Agriculture and farming inside a building
grant_eligibility_criteria|who_can_apply
The subsidy is specifically targeted at property owners planning construction, expansion, renovation, or demolition-reconstruction work in the industrial sector within the agglomeration of Montréal. Buildings must be used for specific economic activities and meet sustainable development certification criteria.
grant_eligibility_criteria|who_cannot_apply
This grant does not specify particular exclusions or restrictions on companies or industries that cannot apply. It focuses on the eligibility criteria for inclusion.
grant_eligibility_criteria|eligible_expenses
The Sustainable Industrial Buildings Program supports various activities aimed at enhancing the industrial sector while promoting environmental sustainability in Montréal. Eligible projects revolve around the construction and renovation work in specific economic activities, adhering to sustainable building standards.
- Manufacturing projects, especially those with sustainable building certifications.
- Film, video, and audio recording production facilities with eco-friendly upgrades.
- Architecture, engineering, and testing laboratories with sustainable advancements.
- Computer system design and related services focusing on greener operations.
- Rooftop greenhouses supporting urban agriculture.
- Value-added logistics facilities incorporating sustainable designs.
- Environmental consulting services with eco-conscious infrastructure projects.
- Regional and head office renovations that align with sustainability principles.
- Data processing and hosting centers with energy-efficient structures.
grant_eligibility_criteria|zone
The grant offers subsidies related to property tax increases following construction or renovation work that meets certain sustainable development criteria.
grant_single_labels|register
Here are the steps to submit an application for the Sustainable Industrial Buildings Program:
- Step 1: Prepare Application Documents
- Download the application form for the Sustainable Industrial Buildings Program.
- Gather proof of property ownership or a signed purchase offer.
- Obtain an alteration or construction permit application.
- Step 2: Contact Local Representatives
- Reach out to the economic development commissioner in your borough.
- Alternatively, contact your local PME MTL representative for assistance.
- Step 3: Submit Application
- Send the completed application form and all required documents by email to developpement.eco[email protected].
- Step 4: Follow Up
- Ensure you receive confirmation that your application has been received.
- Keep in contact with your local representative for updates on the application status.
- Step 5: Complete Work
- Upon approval, you have three years to complete the construction or renovation work.
grant_single_labels|otherInfo
The Sustainable Industrial Buildings Program focuses on encouraging sustainable development and investment in specific economic sectors within Montréal. It also considers key geographical areas and offers considerable financial incentives to promote environmentally-friendly building practices.
- The program is part of the "Geared Up for Tomorrow" Economic Development Strategy and the "Building Montréal" Action Plan.
- Montréal has allocated $59.7 million over 13 years for the program.
- The program eligibility period ends on December 31, 2024.
- The main subsidy covers 100% of the property tax increase for three years, with decreasing coverage for the fourth and fifth years.
- An additional subsidy can bring the coverage back to 100% in the fourth and fifth years if certain conditions are met.
- The annual subsidy cap is $1,000,000 per building.
Apply to this program
Sustainable Industrial Buildings Program: Enhancing Development
This grant offers financial incentives for the renovation or construction of industrial buildings in Montréal, emphasizing the principles of sustainable development. It is designed to offset property tax increases, promoting real-estate investment in industrial sectors and contributing to the economic growth of the region.
Understanding the Sustainable Industrial Buildings Program
The Sustainable Industrial Buildings Program is a strategic initiative part of Montréal’s broader "Geared Up for Tomorrow" Economic Development Strategy aimed at revitalizing industrial zones with an eye towards sustainability. With a budget allocation of $59.7 million over 13 years, the program is specifically tailored to enhance Montréal's industrial landscape, ensuring that new and renovated buildings adhere to specified sustainability standards. The financial incentives offered through this program are a significant draw for businesses looking to invest in property upgrades without suffering the full brunt of resulting property tax increases.
The objectives of this program are multifaceted. Primarily, it seeks to stimulate real-estate investment in the industrial sector by mitigating the financial impact of tax increases on property owners undertaking significant development projects. This aim is complemented by a broader goal of economic diversification within Montréal, as the program targets high-potential sectors that are pivotal to the city’s competitiveness on the national and global stages. Industries such as aerospace, technology, and environmental services are explicitly encouraged, thereby fostering an ecosystem that supports growth and innovation.
Moreover, the program aligns with Montréal's ambition to integrate sustainable development into the city’s long-term planning. By setting rigorous criteria such as LEED or BREEAM certifications for new buildings, and BOMA BEST for existing ones, the program ensures that environmental considerations are paramount. These certifications not only reduce environmental impact but also enhance the operational efficiency of buildings, providing long-term cost savings for property owners.
Financially, the program is structured to provide substantial support during the initial years following project completion. Property owners can benefit from a 100% reimbursement of property tax increases for the first three-year period, gradually decreasing in subsequent years to ensure a smooth financial transition. Additional subsidies are in place to extend full coverage into the fourth and fifth years if certain certifications are achieved or if the property is located within designated strategic zones. This tiered approach encourages a commitment to both high-quality, sustainable building practices and strategic urban planning initiatives.
Ultimately, the Sustainable Industrial Buildings Program exemplifies a forward-thinking approach to urban development, marrying economic growth with environmental responsibility. For businesses operating within Montréal, this program not only offers a financial reprieve but also positions them as leaders in sustainability—a crucial advantage in an increasingly eco-conscious market. By driving industrial rejuvenation through sustainable means, the program reinforces Montréal's role as a city pioneering future-ready development strategies.
