Retail business renovation subsidy

Last updated November 1, 2023

The PRAM-Commerce program is aimed at revitalizing commercial streets by helping business people who belong to business development corporations (SDCs) or associations to renovate commercial building facades or modernize their interior layout.

Description

The PRAM-Commerce program, launched in the fall of 2015, has a budget of $14.5 million. The program is geared towards business people and commercial real-estate owners who wish to renovate facades and modernize commercial spaces.

Areas of action

  1. Renovation

Financial assistance can reach a maximum of: 

  • $50,000 for a building with a main facade measuring up to 10 metres.
  • $125,000 for a building with a main facade measuring between 10 and 20 metres.
  • $250,000 for a building with a main facade measuring 20 metres or more.

The subsidy can cover a third of the cost of eligible work.

  1. Design

Financial assistance can reach a maximum of:

  • $4,000 per project for a building with a main facade measuring up to 10 metres.
  • $10,000 for a building with a main facade measuring between 10 and 20 metres.
  • $20,000 for a building with a main facade measuring 20 metres or more.

These sums can cover 50 per cent of professional fees (architecture, interior design, engineering).

Objectives

  • Stimulate, revitalize or consolidate commercial streets in the agglomeration of Montréal.
  • Provide financial assistance for the renovation of commercial buildings.
  • Offer consumers an updated commercial environment and a more attractive built environment.

Areas of implementation and duration of the program

The subsidy program applies solely to commercial streets where business development corporations (SDCs) or merchant associations constituted as a non-profit organization are established. The commercial streets are designated by the city’s executive committee. No commercial streets are currently designated.

Ended

Eligibility

In order to receive the subsidy, the applicant must submit an application within the required time period and must be deemed eligible for the subsidy before the work is undertaken.

Eligible work: 

  • Transformation of facades (doors, windows, display windows, architectural elements, masonry, exterior walls)
  • Construction of building access points or permanent terraces
  • Installation and alteration of signs and awnings
  • Exterior lighting
  • Structural elements, such as the building foundation, framing, sloped roof
  • Interior renovation or expansion of the retail space
Current

Application for payment

In order to apply for payment of the subsidy following the completion of the work, you must send all the following documents to [email protected]:

  1. Work completion notice form

  2. Summary of expenses form

  3. Copies of bills for the work

  4. Proofs of payment for the work

  5. Copy of work permits and proofs of payment thereof

  6. Photos of the building facade and the renovated spaces

The subsidy will be paid by cheque, in one installment.