Toronto Business Incentives
Lowest development charge rates in the region
The City of Toronto's development charge rates are the lowest in the GTA. In addition, the following exemptions may apply to your non-residential land development project:
Development Charge Exemptions:
- Industrial uses (as defined in the Bylaw)
- Buildings approved for a grant under the Imagination, Manufacturing, Innovation and Technology Financial Incentives Program (subject to an agreement)
- Buildings owned by and used for a college and university
In addition to the above:
- Any non-residential floor area located above or below the ground floor is exempt from municipal development charges (only the floor area located on the ground floor is subject to a charge)
- Buildings that meet the Tier 2 requirements of the Toronto Green Standard will receive a 20% development charge rebate.
Please refer to the City's development charge website or consult with City staff for more details.