|Policy Type:||Economic Instruments>Fiscal/financial incentives|
|Policy Target:||Buildings>Building Type>Non-residential|
|Agency:||Natural Resources Canada (NRCan)|
|Legal References:||2003 Federal Budget|
|Funding:||CDN 47.2 million over 3 years|
On August 12, 2003, the Government of Canada announced the investment of $47.2 million from Budget 2003 for an extension of the Commercial Building Incentive Program (CBIP) until March 2007. CBIP offers a financial incentive of up to $60,000 for new commercial and institutional buildings that are designed to be at least 25% more energy-efficient than a building designed to the requirement of the Model National Energy Code for Buildings. The incentive is intended to help offset the incremental design costs associated with designing energy efficient buildings.
|This record supersedes:||Commercial Buildings Incentive Program|
Last modified: Thu, 14 Mar 2013 12:15:16 CET