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Home / Tools & Data / Financial Incentives / Municipal Programs / ERASE Education Tax Assistance Program

ERASE Education Tax Assistance Program (TAP)

Similar to ERG, the TAP will provide a financial incentive in the form of a freeze or cancellation of part of the educational tax portion on a brownfield property. Under the TAP, the Province of Ontario may match the municipal tax treatment for the education portion of the property tax that results from remediation and rehabilitation of the property and is paid on annual basis for up to 3 years, commencing once the redevelopment is complete. The Economic Development Division will administer this program.