Business Improvement Program (BIP)
The Business Improvement Program (BIP) encourages commercial building owners to invest in storefront improvements. The program provides tax credit to cover a portion of renovation costs.
The tax credit will be limited to the lowest of:
a) 50% of actual expenses on façade improvement (net of HST)
b) Annual property tax for 2019
This program is intended to:
For the Program Details and the Application Form please click here
Application will be considered and approved on a first qualifying basis, until the entire $50,000 tax credit has been committed.
Approved projects must be completed and all required information submitted by December 15.
Please submit application to:
Business Division, City of Corner Brook
5 Park Street, P.O. Box 1080
Corner Brook, NL, Canada