The Economic Development and Growth in Employment (EDGE) Incentive Program supports new construction or major renovation of buildings in targeted employment sectors. The program provides tax increment equivalent grants, whereby the City refunds a portion of the increase in property taxes that results from new development or redevelopments.
Approved developments benefit from a grant of 100 per cent of the increase in the municipal taxes attributable to the eligible development over a five-year period. This can be combined with Brownfield Remediation Tax Assistance for a total grant period of up to seven years.
Applications for eligible development are considered on a first-come-first-served basis until such time as future annual grants are projected to exceed the budget cap in any given year.
The provision of development incentives through the EDGE Incentive Program is enabled by the Community Improvement Plan (CIP) By-law 1386-2024 
(amended by By-law 1553-2025 ) and authorized under Section 28 of the Planning Act.