Share your thoughts on the Growth Community Improvement Plan
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The Growth CIP is a bold new strategy designed to position Thunder Bay as a competitive, investment-ready city by encouraging industrial and commercial development across the community. By focusing on high-value projects that generate employment and long-term tax assessment, the CIP aims to help Thunder Bay meet its ambitious growth targets and unlock new opportunities.
Unlike traditional CIPs that focus on a small area (like a downtown site) Thunder Bay’s Growth CIP is city-wide and supports broader economic goals. Complementing the existing Housing CIP, which has already accelerated residential development across the city, the Growth CIP will target business expansion, redevelopment of underutilized lands, and new commercial or industrial projects.
Highlights of the plan include:
Programs to support development-ready employment lands;
Tools to reduce risk and encourage reinvestment in former industrial sites;
Incentives to help Thunder Bay compete with other jurisdictions across Canada and the U.S.;
A focus on increasing population growth, and long-term tax base expansion.
The Growth CIP is a bold new strategy designed to position Thunder Bay as a competitive, investment-ready city by encouraging industrial and commercial development across the community. By focusing on high-value projects that generate employment and long-term tax assessment, the CIP aims to help Thunder Bay meet its ambitious growth targets and unlock new opportunities.
Unlike traditional CIPs that focus on a small area (like a downtown site) Thunder Bay’s Growth CIP is city-wide and supports broader economic goals. Complementing the existing Housing CIP, which has already accelerated residential development across the city, the Growth CIP will target business expansion, redevelopment of underutilized lands, and new commercial or industrial projects.
Highlights of the plan include:
Programs to support development-ready employment lands;
Tools to reduce risk and encourage reinvestment in former industrial sites;
Incentives to help Thunder Bay compete with other jurisdictions across Canada and the U.S.;
A focus on increasing population growth, and long-term tax base expansion.
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