The City of Port Colborne and the governments of Ontario and Canada offer a range incentive programs for new or expanding businesses. The programs outlined below are all available in Port Colborne, and most can be stacked together to provide a compelling package for investments in the manufacturing or logistics sectors. 

City of Port Colborne Community Improvement Programs

 Brownfield Community Improvement Plan

The Brownfield Community Improvement Plan provides four incentives to encourage development on lands designated as brownfields. Brownfields are defined as an abandoned, vacant, derelict, idled or underutilized properties in the Urban Area of the City of Port Colborne where redevelopment is complicated by environmental contamination.

Grants available are:

  • Building Permit Fee Grant
  • Environmental Site Assessment Grant
  • Feasibility Study Grant
  • Property Tax Assistance Rehab Grant

Downtown Central Business District Community Improvement Plan

The Downtown Central Business District Community Improvement Plan identifies the physical, economic, and other strengths, weaknesses, opportunities and threats in relation to the revitalization of the Downtown. The CIP articulates a vision for the Downtown. This CIP specifies a Public Realm Improvement Plan that contains recommended improvements to various elements and features of the Downtown CBD in order to improve the pedestrian environment and promote private sector investment activity and develop a tool box of incentive programs that can be offered by the City to directly stimulate private sector investment in the revitalization and redevelopment of the Downtown Central Business District.

Grants available are:

  • 2nd Storey Commercial Grant
  • Facade Improvement Grant
  • Planning and Building Fees Grant
  • Revitalization (Tax Increment) Grant
  • Urban Design Grant

East Waterfront Community Improvement Plan

The Port Colborne East Waterfront Community Improvement Plan is an important step and tool to renewing the environment of Port Colborne's East Village and Waterfront. Its purpose is to guide and encourage physical improvements to the area.

Grants available are:

  • Commercial Building and Facade Improvement
  • Residential Intensification Grant
  • Revitalization (Tax Increment) Grant
  • Urban Design Study Grant

 Industrial Community Improvement Plan

The Industrial Community Improvement Plan provides four incentives to encourage industrial development, both new investments and expansions of existing operations, on lands zoned for industrial uses throughout Port Colborne. The incentive available through the Industrial Community Improvement Plan is the Revitalization (Tax Increment) Grant.

Olde Humberstone Community Improvement Plan

The Olde Humberstone Community Improvement Plan promotes the establishment of a compact, pedestrian-oriented village center consisting of vibrant and dynamic mixed use areas, and residential living environments that provide a broad range of housing types for an array of housing needs. It also aims to enhance the community's character through the promotion of high-quality urban design.

Grants available are:

  • Planning Fee Grant
  • Facade Improvement Grant
  • Sidewalk Cafe Grant
  • Permit Fees Rebate
  • Tax Increment-Based Grant
  • Residential Intensification Grant
  • Sign Replacement Grant
  • Affordable Housing Grant
  • Shared Parking Lot Grant

Niagara Gateway Economic Zone and Centre Community Improvement Plan

The Niagara Gateway Economic Zone and Centre Community Improvement Plan provides two incentives to encourage industrial development within the urban area of Port Colborne. These two programs are the Tax Increment Based Grant and the Development Charge Grant Program. 

Government of Ontario Incentive Programs

Southwestern Ontario Development Fund

The Southwestern Ontario Development Fund promotes economic development in Southwestern Ontario, which includes Port Colborne. The fund provides financial assistance to promote the expansion and attraction of investment/business in Southwestern Ontario through support for capital spending, skills development, productivity enhancements, infrastructure needs and other similar economic development initiatives. Funding is targeted to key sectors. 

Government of Canada Incentive Program

Building Canada Fund

The Building Canada Fund is a federally funded infrastructure fund. Eligible projects can receive up to 50% of capital costs. The Building Canada Fund identifies sectors as key funding priorities. The Building Canada Fund also covers some remediation costs for brownfields. 

Foreign Trade Zone Programs

The Government of Canada has three foreign trade zone style programs that can be used anywhere in Canada – properties do not need to be in or identified as foreign trade zones. The Duty Deferral Program allows duty payments to be deferred or refunded on goods that are imported to Canada, stored (or minimally processed) and then exported. The Export Distribution Centre Program provides relief from paying Harmonized Sales Tax on imported goods and domestically purchased goods. The program applies to importation of goods with limited valued-added production taking place, then exportation of the finished goods. The Exporters of Processing Services provides relief from paying Harmonized Sales Tax on imported goods provided the goods do not belong to the applicant and the goods are only stored or minimally processed, then exported. 

FedDev Ontario 

The Federal Economic Development Agency for Southern Ontario administers 10 programs that provide funds targeted to specific sectors or toward key priorities. Funding opportunities vary by program.