The City of Yellowknife offers several tax abatement programs to encourage new housing, commercial, and mixed-use development, especially in designated areas like the Downtown and Residential Central zones.

Types of Tax Abatements

How it Works

  • Abatements are property tax reductions applied to the assessed value of the development
  • They are per development, not per unit
  • Applications are first-come, first-served, and must be submitted before construction begins
  • Developers can combine one abatement with multiple grants for the same project
Ready to Apply?