Municipal Financing + Incentives
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Municipal Financing + Incentives

Cape Breton Regional Municipality Tax Incentive for Downtowns and Business Parks: The Cape Breton Regional Municipality (CBRM) has a commercial tax incentive to promote downtown revitalization and business park development.

 

The following development or renovations to commercial property are available:

  • Tax assessment increases of $100,000 or more are eligible for up to ten years of tax reductions.
  • Tax assessment increases of less than $100,000 are eligible for up to five years of tax reductions.
  • Total tax reduction of up to 50% over the phase-in period are possible.