The Town of Yarmouth offers a Development Rebate Program to encourage building and expansion in the Central Business District. The program lets qualifying property owners get a partial rebate of commercial property taxes for up to 10 years after they develop a property.
How it works
- The program is based on By‑Law 65, the Central Business District Improvement Plan By‑Law. The by‑law uses a change to the Municipal Government Act (Bill 177) that allows municipalities to phase in increases to assessed value over up to 10 years and to cancel, reduce, or refund taxes that result from that phasing‑in.
- Property owners in the Central Business District who improve their property — for example, by building new space or expanding an existing building — may apply for the rebate.
- To be eligible, a property owner must sign a Phased‑In Assessment Agreement with the Town before receiving any rebate.
Get started
- Read the full Central Business District Improvement Plan By‑Law for program details and conditions.
- For questions or to apply, contact Town of Yarmouth Economic Development:
- planningadmin@townofyarmouth.ca | Phone: (902) 742‑1505
Helpful documents
- pdf Central Business District Improvement Plan By-Law(171 KB)
- pdf Phased In Assessment Agreement(519 KB)
- pdf Central Business District Map(359 KB)
Grant program area map
