Charlottetown Tax Incentive Strategy
Charlottetown offers municipal tax incentives for eligible development projects that increase assessment and support downtown or strategic growth.
About this program
The City of Charlottetown's Tax Incentive Strategy encourages eligible development, redevelopment, and revitalization projects by offsetting a portion of increased municipal property taxes generated by qualified work. The program is intended to stimulate investment, support downtown and strategic development, and help property owners or developers improve underused sites. Approved projects receive the incentive according to municipal program terms and assessment increases.
Eligibility
Eligible property owners and developers undertaking qualifying development or redevelopment projects in Charlottetown may apply for municipal tax incentive support.
Requirements
- Project must be located in the City of Charlottetown.
- Project must meet the city's Tax Incentive Strategy eligibility criteria.
- Project must generate an eligible increase in assessed property value.