Danville

Benefits

  • Obvious potential for tourism and commercial development (historical downtown, Village-Relay status, fine dining, nature park, cycle path, accomodations);
  • Presence of a key player in the greenhouse industry;
  • Attractive land prices;
  • Property taxes among the lowest ones in the region;
  • Mobilization around economical development (City, RCM, CFDC);
  • Road connectivity (Access to Highway 116, adjacent to Highway 55);
  • Attractive cost of living;
  • Sustainable development positioning (Agenda 21);
  • Agricultural zone development (PDZA).

Opportunities

  • Funding available for economic diversification;
  • Investment projects for established companies;
  • Review of the RCM’s land use planning;
  • Rising demand for tourism products and services;
  • Rising demand for specialty foods;
  • Emphasis on value-added services and technologies (knowledge economy) as a vector for advanced economy growth.

Industrial building purchase or construction program

  • The City’s development corporation covers the building’s purchase or construction costs depending on the investor’s needs, who will then lease the building based on the required monthly payments
  • The investor allocates all of its capital for production equipment as well as working capital
  • Once the 7-year lease is completed, the company may redeem the building according the remaining mortgage balance or renew the lease

Property tax exemptions for the construction of a brand new building

  • 1st year: 100%
  • 2nd year: 50%
  • 3rd year: 20%

For further details: http://www.villededanville.com/affaires.html