For updates on how the U.S tariffs impact the Vaughan business community, visit vaughanbusiness.ca/tariffs.
Community and Economic Development Fund
Unlock targeted financial incentives to help eligible non-residential development and mobility projects move forward with greater speed, clarity, and confidence.
The Community and Economic Development Fund offers financial incentives to help bring priority non-residential projects to life—supporting new office space, non-residential uses, and mobility solutions that attract talent and businesses.
In today’s competitive development landscape, business decision makers are choosing locations that make growth easier. Vaughan is actively committed to building the most business-friendly city by reducing friction, accelerating investment readiness, and supporting projects that strengthen the City’s long-term competitiveness.
The Community and Economic Development Fund, enabled by the Community Improvement Plan, offers eight financial incentives – comprised of development charges deferrals, capital grants, and forgivable loans – that will be delivered in three phases.
-
We are currently accepting applications for the following four financial incentives as part of the phase 1 (2026 to 2030) rollout of the Community and Economic Development Fund:
The Interim Use Activations Grant is funded by Tourism Vaughan’s Host In Vaughan Grant.
-
Applications for the remaining four financial incentives will occur in two subsequent phases, with two financial incentives becoming available in phase 2 (2027 to 2030):
The final two financial incentives will become available in phase 3 (2029 to 2030):
-
Each financial incentive is eligible within a designated area, either:
- Complete Community and Large Non-Residential Areas: Applies to select secondary plan areas, protected major transit station areas, and primary corridors.
- Movement of Goods and Talent: Applies city-wide
All financial incentives – except for the Transportation Demand Management Strategy Forgivable Loan – are eligible within the Complete Community and Large Non‑Residential Areas designated area.
The Transportation Demand Management Strategy Forgivable Loan is eligible only within the Movement of Goods and Talent designated area.
Please note that only projects located within the applicable designated area will be considered for financial incentives.
-
If you have any questions regarding the Community and Economic Development Fund, contact us at ed@vaughan.ca.
Apply Now
- Book a pre-consultation meeting to discuss your idea, understand eligibility, and confirm submission requirements.
- Prepare required submission materials.
- Submit your application.