Business taxes are based on the value of the property, as assessed by the Municipal Assessment Agency. The rate of business tax depends on the class of business. For a breakdown of business classes and associated tax rates, please see the City of Corner Brook 2022 Tax Rates.
All questions regarding your tax bill can be directed to the Accounts Receivable department, phone: 637-1538, email: accountsrec@cornerbrook.com.
If you would like to set up payment plan options you can contact the City Collector, phone: 637-1568, email: collector@cornerbrook.com.
Facade Appeal Comprehensive Enhancement (FACE) Grant Program
The Facade Appeal Comprehensive Enhancement (FACE) Grant Program aims at enhancing the physical appearance of commercial properties. FACE provides generous cash incentives to property owners/businesses to redesign, renovate or restore the facade of properties.
Blade Sign Program
The City of Corner Brook provides funding for installation of Blade Signs exclusively for businesses located in the Downtown Corner Brook. The funding covers 100% of the cost (including HST) of purchasing and installing Blade Sign (up to a maximum limit).
For more information on our FACE and Blade Sign programs, click here.
Business Tax Incentive Policy
The City of Corner Brook also offers generous tax incentives to new businesses locating in the Lundrigan Business Park, Watson’s Pond, and Maple Valley Industrial Parks. Businesses that meet the requirements are entitled to the following incentives:
- 100% exemption for the first year when that business would otherwise be responsible for the business tax
- 80% exemption for the second year
- 70% exemption for the third year
- 40% exemption for the fourth year
For more information, please click here.
