Contact(s)
Staff in the Economic Development Department are available to assist business owners who are looking to grow or expand their business. There are a number of financial incentives existing at the municipal, provincial and federal levels.
Municipal Programs |
Community Improvement Grants and LoansIn addition to eliminating municipal development charges for non-residential development, the Town of Bracebridge has introduced a number of different financial incentives to assist local building and business owners: Event Tourism GrantsThe Town of Bracebridge also has a grant program to assist private and not-for-profit organizations with the hosting of tourism events. Community GrantsFinally, the Town of Bracebridge has a separate grants program to assist community groups or non-profit organizations with specific projects or one time funding. |
Provincial Programs |
| The Province of Ontario has an extensive list of grant and loan programs available for a variety of business sectors. For more information on these programs, visit the Canada Business Network. |
Federal Programs |
| The Federal Government of Canada has a number of financial incentive programs for business. For more information on these programs, visit the Canada Business Network. |
Non-Residential Development Charge Rates
Prior to July 3, 2014, Bracebridge's non-residential development charge rate was $14.63 per square metre for new development. Today it is ZERO. Prior to July 14, 2014, the District of Muskoka's non-residential DC rate was $32.83 per square metre, today it is $16.47 per square metre. Significant cost savings are now available when developing in the Town of Bracebridge.
Residential Development Charge Rates
In July of 2014, both the Town of Bracebridge and the District Municipality of Muskoka reduced their development charge rates to encourage new development in the community.
NOTE:
The information below is provided to illustrate the Town of Bracebridge's and the District of Muskoka's commitment to increasing investment in Bracebridge through development incentives. Please contact the Town of Bracebridge and/or the District of Muskoka to verify how development charge rates will impact your development.
| Dwelling Type | Rate per unit prior to July 20, 2014 | Current rate per unit | Percent Change |
|---|---|---|---|
| Singles/Semis | $4,762 | $3,572 | -25% |
| Multiples | $3,186 | $3,140 | -1.5% |
| Apartments (2+ bedrooms) | $3,235 | $2,426 | -25% |
| Apartments (1 bedroom or less) | $2,508 | $1,881 | -25% |
| Dwelling Type | Rate per unit prior to July 20, 2014 | Current rate per unit | Percent Change |
|---|---|---|---|
| Singles/Semis/Duplex | $18,660 | $9,332 | -50% |
| Town/Row Houses | $16,421 | $8,334 | -50% |
| Triplex/Quadplex | $16,421 | $8,334 | -50% |
| High Density (2+bedrooms) | $12,316 | $6,250 | -50% |
| High Density (1 bedroom or less) | $8,210 | $4,167 | -50% |