City of Mississauga
New Member
Mississauga City Council has endorsed extending the Downtown Community Improvement Plan (CIP) to April 22, 2026. Set to expire on July 4, 2022, the Downtown CIP will now align with the Region of Peel’s new Major Office Incentives (MOI) program that will more than double the benefit of the City’s Tax Increment Equivalent Grant (TIEG) – a key program incentive.
Together with incentives from the Region, the City’s TIEG will make it more cost effective to build office space in Downtown Mississauga.
Adopted in 2017, the Downtown CIP is a tool designed to help attract new office development to the downtown core. By providing incentives such as Tax Increment Equivalent Grants, Development Processing Fees Grants and Municipally-Funded Parking Assistance, the City is balancing residential and employment development to build a complete community where people can live, work and play.
The Downtown CIP supports the City’s goal to achieve a 1:1 employment to resident ratio in the downtown and the 2051 Region of Peel employment growth target.
Together with incentives from the Region, the City’s TIEG will make it more cost effective to build office space in Downtown Mississauga.
Adopted in 2017, the Downtown CIP is a tool designed to help attract new office development to the downtown core. By providing incentives such as Tax Increment Equivalent Grants, Development Processing Fees Grants and Municipally-Funded Parking Assistance, the City is balancing residential and employment development to build a complete community where people can live, work and play.
The Downtown CIP supports the City’s goal to achieve a 1:1 employment to resident ratio in the downtown and the 2051 Region of Peel employment growth target.