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British Columbia shipbuilding and ship repair industry tax credit - British Columbia - Canada
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British Columbia shipbuilding and ship repair industry tax credit

Supports tax credits for shipbuilding industry apprenticeship employers in BC
Government of British Columbia (BC)
BC Ministry of Finance
Last Update: March 4, 2026
Funding available
$ 7,875
Timeline
  • Open continuously
Location
British Columbia, Canada

Overview

The British Columbia shipbuilding and ship repair industry tax credit offers eligible employers a refundable tax credit of up to $7,875 per qualified employee to support salary and wage costs for apprentices registered in prescribed SkilledTradesBC programs. The program aims to incentivize employee training and skills development within the shipbuilding and repair sector.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop workforce skills
Eligible Funding
  • Maximum amount : 7,875 $
  • Up to 20% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Manufacturing
  • Transportation and warehousing
Location
  • British Columbia
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • Indigenous Peoples
  • Persons with Disabilities
  • Canadians

Next steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Employment and training of apprentices in the British Columbia shipbuilding and ship repair industry through prescribed programs administered by SkilledTradesBC.
  • Completion of advanced levels of apprenticeship programs by employees in the shipbuilding and ship repair sector.
  • Support for apprentices who are individuals registered under the Indian Act or who qualify for the disability amount in pursuing all levels of eligible apprenticeship training programs.

Eligibility

Who is eligible?

  • Employers in the British Columbia shipbuilding industry
  • Employers in the British Columbia ship repair industry
  • Corporations that are members of a partnership in the shipbuilding or ship repair industry

Who is not eligible

  • Companies that claim the British Columbia training tax credit in the same tax year.

Eligible expenses

  • Salary and wages paid to employees registered in a prescribed program administered through SkilledTradesBC, including those in Red Seal and non-Red Seal programs.

Eligible geographic areas

  • British Columbia

Additional information

  • The credit applies to both Red Seal and non-Red Seal apprenticeship programs administered through SkilledTradesBC.
  • Employers must file Schedule 430 with their corporate tax return to claim the credit.
  • Credits must be claimed within 36 months following the tax year in which the eligible salaries and wages were paid.
  • Special rules exist for non-arm's length employers intending to claim the credit for the same employee, as outlined in section 126.5 of the British Columbia Income Tax Act.

Frequently Asked Questions about the British Columbia shipbuilding and ship repair industry tax credit Program

Here are answers to the most common questions about the British Columbia shipbuilding and ship repair industry tax credit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the British Columbia shipbuilding and ship repair industry tax credit?

The British Columbia shipbuilding and ship repair industry tax credit offers eligible employers a refundable tax credit of up to $7,875 per qualified employee to support salary and wage costs for apprentices registered in prescribed SkilledTradesBC programs. The program aims to incentivize employee training and skills development within the shipbuilding and repair sector.

How much funding can be received?

British Columbia shipbuilding and ship repair industry tax credit Funds up to 20% of admissible expenses, capped at $7,875 per project.

Who is eligible for the British Columbia shipbuilding and ship repair industry tax credit program?

To be eligible for the British Columbia shipbuilding and ship repair industry tax credit program, you must: Must be an eligible employer in the British Columbia shipbuilding and ship repair industry Must pay salary and wages to employees registered in programs administered through SkilledTradesBC before January 1, 2025 Cannot claim this credit if also claiming the British Columbia training tax credit in the same tax year

What expenses are eligible under British Columbia shipbuilding and ship repair industry tax credit?

Employment and training of apprentices in the British Columbia shipbuilding and ship repair industry through prescribed programs administered by SkilledTradesBC. Completion of advanced levels of apprenticeship programs by employees in the shipbuilding and ship repair sector. Support for apprentices who are individuals registered under the Indian Act or who qualify for the disability amount in pursuing all levels of eligible apprenticeship training programs.

Who can I contact for more information about the British Columbia shipbuilding and ship repair industry tax credit?

You can contact Government of British Columbia (BC).

Where is the British Columbia shipbuilding and ship repair industry tax credit available?

The British Columbia shipbuilding and ship repair industry tax credit program is available the province of British Columbia.

Is the British Columbia shipbuilding and ship repair industry tax credit a grant, loan, or tax credit?

British Columbia shipbuilding and ship repair industry tax credit is a Tax Credits

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