Incentives and Assistance

In addition to its low industrial tax rate, North Bay offers several financial incentive programs that help offset both operating and capital project costs. Our industrial parks offer fully-serviced land at attractive prices, choice of location and size of parcel, combined with Municipal, Provincial and Federal incentives.

While the following section highlights some of the incentive programs that are available, we encourage you to contact a member of Invest North Bay to help find a solution for your specific needs.  

Municipal Incentives 

 

Airport Community Improvement Plan (ACIP)

The North Bay Jack Garland Airport (NBJGA) is recognized as a key economic driver and is vital to the economy of North Bay and area. A critical mass of aerospace/aviation firms involved in a wide range of assembling, manufacturing, repair and overhaul (MRO), charters, flight services, and training activity are already present on the airport lands.

The goal of the ACIP is to assist in the successful development of an attractive Airport Business Park by means of providing Municipal Tax Assistance, Municipal Fee Rebate Program, and Landfill Tipping Fee Reduction. 

Tax Incremental Base Grant (TIF)

This program refunds the municipal portion of property tax associated with the improvements. The grant equals 100% of the increase in the Municipal portion of the taxes in year one, decreasing to 66% in year two, and 33% in year three. The owner pays the full amount of taxes in year four.

Municipal Fee Rebate Program

This program waives industrial development charges and provides a refund of the municipal fees including Planning, Legal and Building Permits related to development approval

Landfill Tipping Fee Reduction

The City provides a reduction in the landfill tipping fees associated with the clean up of the site. Assistance is in the form of a reduction in tipping fees paid at the City’s landfill site.

For more information about ACIP please download the Airport Industrial Community Improvement Plan or visit the ACIP page on the City of North Bay website.

Expedited Permitting

Through the Development Application Review Team (DART) all the staff members that you need for your project are available at once to review your proposal and give you comments right at the table! The DART reviews all development applications and Site Plan Control Agreements to ensure that we are doing everything we can to move your project forward quickly and to meet project deadlines.

No Industrial Development Charges

North Bay's pro-active business City Council has eliminated industrial development charges, implemented a 20 year commercial tax reduction strategy and has reduced industrial taxes by 66%, to one of the lowest levels in Ontario.

Competitively Priced Land

The City of North Bay offers a variety of municipal owned site options for development, including 600 acres of fully serviced air and ground side parcels for sale or lease at North Bay Jack Garland Industrial Business Park, and commercial acreage at the south entrance to the City, all competitively priced.

Close proximity to major transportation routes and access to advanced telecommunication network make North Bay’s industrial properties an excellent expansion or relocation option.

Corporate After Care Program

The City of North Bay is committed to ensuring companies are well served during and after their expansion project or relocation to the community. Through our network of partners, including the North Bay & District Multicultural Centre, the North Bay New Comer Network (NNN), Service Club of North Bay and the North Bay & District Chamber of Commerce companies can access community integration and settlement services for their employees and their families. Our Corporate After Care program ensures that new investors have access to the types of resources and professional services needed to thrive in our community.

Additional Municipal Assistance

The YYB North Bay Jack Garland Airport Corporation and the City of North Bay take a coordinated approach to aviation related investment projects. Airport and City staff are available to assist with all aspects of your expansion project from location review and site selection to grand opening and community integration.