Incentives
The Brownfield Redevelopment Tax Incentive, will provide financial assistance to non-residential property owners to remediate brownfield sites located within the City of Medicine Hat by providing tax relief for a period of up to five (5) years.
Please note: Submitting an application does not guarantee approval. Incentive applications will be reviewed on a first come first serve basis until the funds are allocated.
The Infill Incentive, comprised of five separate grants, is designed to support our local home building industry and incentivize expeditious development and construction of infill properties. Owners of an infill property can apply and may be eligible for up to a combined maximum of $25,000 for each single civic address.
Please note: Submitting an application does not guarantee approval. Incentive applications will be reviewed on a first come first serve basis until the funds are allocated.
The Non-Residential Tax Incentive, will provide financial assistance to property owners in the City of Medicine Hat to develop large-scale commercial or industrial developments that result in tax assessment growth and job creation.
Please note: Submitting an application does not guarantee approval. Incentive applications will be reviewed on a first come first serve basis until the funds are allocated.
The Waterfront District Housing Incentive is to provide financial assistance to property owners to construct attractive, self-contained, market-rate dwelling units, with a preference for mixed-use developments, within the Waterfront Development District.
Please note: Submitting an application does not guarantee approval. Incentive applications will be reviewed on a first come first serve basis until the funds are allocated.
The Waterfront District Vibrancy Incentive is designed to provide financial assistance to property owners undertaking commercial property improvements which add to the vibrancy and livability of the Waterfront District. Up to a 50% matching investment, to a maximum of $50,000 per property, for commercial property improvements.
Waterfront District Boundary Map
As of August 18, 2023, the Waterfront District Vibrancy Incentive is fully subscribed. Thank you for your interest.
Resources
Grants
Companies, developers and investors have access to a number of incentives and grant programs across the municipal, provincial and federal level to grow their business. If you do not see a grant or program that applies to you, please reach out to invest@medicinehat.ca.
Municipal |
| The City of Medicine Hat offers a wide range of grant opportunities for the community including a community vibrancy grant, community development grants, special cultural events and more! |
Provincial |
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Alberta Agri-processing Investment Tax Credit: The Agri-processing Investment Tax Credit provides a 12 per cent non-refundable tax credit against eligible capital expenditures for corporations investing $10 million or more to build or expand agri-processing facilities in Alberta. Alberta Small Business Resources: A directory of business resources for new and established entrepreneurs. It is a Government of Alberta program connecting you to grants, loans, and credits. AlbertaCanada.com: Your place to find resources about doing business and relocating to Alberta. Alberta Innovates: The largest research and innovation agency in Alberta providing funding, programs, advice, connections, technical expertise and applied research efforts to stimulate innovation across the province. Connectica: A free service that connects you with Alberta’s ever-expanding research and innovation network. Find programs, services, facilities and events that meet your needs. |
Federal |
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Government of Canada: A list of Canadian business resources for grants, loans, private and public sector financing and leveraging personal assets. Scientific Research and Experimental Development: A federal tax incentive program administered by the Canada Revenue Agency, encouraging Canadian businesses of all sizes, and sectors to conduct research and development (R&D) in Canada. This Incentive Program is the largest single source of federal government support for industrial R&D. Startup Visa: A Canadian program targeting immigrant entrepreneurs with the skills and potential to build innovative businesses in Canada and in return create jobs for Canadians and compete on a global scale. |
Machinery and Equipment Tax Exemption
Medicine Hat’s Bylaw under the Municipal Government Act Section 364 (1.1) exempts Machinery and Equipment from taxation.
Tree Vouchers
Tree Vouchers are available for new properties zoned R-LD in the following subdivisions. Limited to one per qualifying property. Contact invest@medicinehat.ca to see if your property qualifies.
Ranchlands Phase 3
Southlands Phases 4, 5 & 6
