The Government of Ontario is working with property owners, municipalities and economic development organizations to attract foreign direct investment and/or encourage domestic expansion projects to Ontario’s industrial lands through its Investment Ready: Certified Site Program.
The program is designed to attract investment to Ontario’s municipalities by reducing the number of unknowns associated with development. By compiling information on a site’s availability, utilities servicing, access and environmental concerns for prospective buyers and lessors, the program may help speed up development.
The government provides financial and marketing support for those properties that are accepted to the program. Property owners may receive up to 50% of their eligible expenses, with a maximum reimbursement of $25,000, back per site. In addition, Ontario will help promote these sites as part of their comprehensive international marketing strategy.
For more information on the program, eligibility and the application process please contact investmentready@ontario.ca or 1-855-585-0475.