Imagination, Manufacturing, Innovation and Technology(IMIT) Grant

IMIT grant supports new building construction and/or building expansion in targeted sectors and areas across the City. The program will be made available for a five-year period.
Eligible development will benefit from a deferral of up to 60% of the increase in the municipal taxes attributable to eligible new commercial and industrial construction over a 10-year period.
The sectors involved include:
  • Biochemical
  • Creative Industries
  • Environmental Industries
  • Information, Communications & Technology and Services
  • Manufacturing
  • Tourism Attractions

For more information go to http://www.toronto.ca/invest-in-toronto/incentives-imit.htm

Government Contact
Rebecca Condon
416-392-0626
 

 

Do NOT follow this link or you will be banned from the site!