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British Columbia shipbuilding and ship repair industry tax credit
Refundable tax credit for shipbuilding employers
Last Update: April 9, 2026
Funding available
$ 5,250 - $ 7,875
Timeline
- Open continuously
Location
British Columbia, Canada
Overview
Refundable British Columbia tax credit for shipbuilding and ship repair employers. It supports wages paid to eligible apprentices and includes basic, completion, and enhanced credits.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop workforce skills
Eligible Funding
- Maximum amount : 7,875 $
- Minimum amount : 5,250 $
- Up to 30.000002% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
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
- Training-related employment of apprentices in ship construction, repair, or conversion
- Apprenticeship progression in eligible Red Seal or non-Red Seal programs
Documents Needed
- Schedule 430, British Columbia Shipbuilding and Ship Repair Industry Tax Credit
- Employee identification number, SIN, or name
- Apprenticeship program name and level details
- Corporation income tax return
- Partnership allocation details, if applicable
Eligibility
Who is eligible?
- Shipbuilding employers in British Columbia
- Ship repair employers in British Columbia
- Ship conversion employers in British Columbia
- Partnerships with eligible corporations
Who is not eligible
- Employers claiming the British Columbia training tax credit for the same tax year
Eligible expenses
- Salary and wages paid to eligible apprentices
Ineligible Costs and Activities
- Claims for the British Columbia training tax credit in the same tax year
Eligible geographic areas
- British Columbia
Processing and Agreement
- File Schedule 430 with the T2 Corporation Income Tax Return.
- Enter the total credit on Schedule 5, line 681.
- Claims must be filed no later than 36 months after the tax year-end.
Additional information
- The credit extends to partnerships.
- Corporations that are members of a partnership may claim their share of the partnership credit.
- Special rules apply when multiple non-arm's-length employers claim the credit for the same employee.
- Guidance is set out in the British Columbia Income Tax Act and related regulations.
Contacts
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?
Refundable British Columbia tax credit for shipbuilding and ship repair employers. It supports wages paid to eligible apprentices and includes basic, completion, and enhanced credits.
How much funding can be received?
British Columbia shipbuilding and ship repair industry tax credit Funds up to 30.000002% 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:
Shipbuilding or ship repair employer
Eligible SkilledTradesBC apprentice
Work performed in British Columbia
What expenses are eligible under British Columbia shipbuilding and ship repair industry tax credit?
Training-related employment of apprentices in ship construction, repair, or conversion
Apprenticeship progression in eligible Red Seal or non-Red Seal 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) by email at none or by phone at none.
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