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Manitoba Works Capital Incentive │ Government of Manitoba:

none

Value

Rebate of the incremental education-related property taxes.

Description

The Manitoba Works Capital Incentive encourages significant new business investment or existing business expansion by creating a competitive tax environment to help diversify Manitoba’s economy and stimulate job creation.

Eligible Applicants

The Manitoba Works Capital Incentive can be made available to a new or existing business interested in expanding in the province if:

  • The proponent company makes a minimum capital investment of $10M to a specific property;
  • A minimum of 65% of total project costs are from private sources; and
  • There is demonstrable potential to create and/or maintain a minimum of 10 jobs in the province or the new business activity has a substantial and measureable net economic benefit to the province.

Eligible Expenses

Incentive:

If the proponent company meets the above criteria, upon application they are considered for a rebate of the incremental education-related property taxes that are generated as a result of the capital investment on a property for a period up to 20 years, or until the education property tax is eliminated.

Deadline Date

Ongoing.

Contact

Contact Name: Manitoba Works Capital Incentive

E-mail Address: TIF@gov.mb.ca

Website: https://www.gov.mb.ca/jec/busdev/financial/mwci/index.html

Industry:

Other

Location:

Manitoba

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