Capital Investment Tax Credit (CITC)
grant_single|update May 9, 2025
AB, Canada
Tax credit supporting Alberta manufacturing and tourism infrastructure investments
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Manufacturing
- Arts, entertainment and recreation
- Accommodation and food services
grant_single|grantors
- Government of Alberta
grant_single|status
grant_card_status|open
grant_single_labels|preview
The Capital Investment Tax Credit (CITC) offers a non-refundable tax credit of up to $5 million per year to support Alberta corporations investing in manufacturing, processing, or tourism infrastructure projects. The program aims to stimulate economic diversification and job creation by funding eligible capital expenditures in these sectors.
grant_single_labels|terms_and_conditions
- Non-refundable tax credit valued at 10% of eligible capital expenditures.
- Maximum tax credit amount of $5 million per corporation, per calendar year.
- Minimum eligible investment required is $1 million per application.
- Corporations may carry forward unused tax credits for up to 10 years.
- No more than 30% of the capital cost of eligible property can be financed through government assistance, including this tax credit.
grant_single_labels|projects
- Capital investment projects aimed at expanding or modernizing manufacturing facilities in Alberta.
- Initiatives focused on enhancing processing operations for goods intended for sale or lease.
- Development or improvement of tourism infrastructure, such as destination resorts, campgrounds, and recreational or adventure facilities.
- Establishment or upgrading of recreational camps and adventure retreats with accommodation services.
- Projects supporting scenic and sightseeing transportation services, including excursions and guided tours.
grant_single|admissibleProjectsExample
$ 45,000
Developing a digital literacy training series for at-risk youth
$ 59,000
Launching a zero-waste online grocery delivery for co-op members
$ 49,500
Equipping local bakery with energy-efficient ovens and mixers
$ 92,000
Upgrading independent cinema with new digital projection technology
$ 74,000
Modernizing accessible community centre facilities for people with disabilities
$ 100,000
Implementing solar panels to power a local manufacturing facility
grant_single_labels|admissibility
- The applicant must be incorporated, continued, or registered in Alberta under the Business Corporations Act.
- The applicant must conduct activities in manufacturing, processing, or tourism infrastructure in Alberta.
- The corporation must have been operating in the eligible business activity for at least 120 consecutive days within a 12-month period.
- The project must involve the acquisition of eligible property primarily for manufacturing, processing, or operating tourism infrastructure.
- The eligible property must be acquired after December 31, 2016, and held in Alberta for at least one year from the issuance of the tax credit certificate.
grant_eligibility_criteria|who_can_apply
- Manufacturing companies engaged in the creation or assembly of goods
- Processing companies involved in physical or chemical transformation of goods
- Businesses providing or operating tourism infrastructure, such as resorts, ski facilities, and amusement or recreation centers
- Companies operating recreational vehicle (RV) parks and campgrounds
- Organizations running recreational and vacation camps, including hunting and fishing camps
grant_eligibility_criteria|who_cannot_apply
- Companies engaged in farming or fishing activities.
- Businesses involved in logging operations.
- Companies primarily operating in construction.
- Businesses operating oil or gas wells or extracting petroleum or natural gas.
- Companies engaged in energy generation or producing/processing electrical energy or steam for sale.
grant_eligibility_criteria|eligible_expenses
- Purchase of machinery and equipment.
- Acquisition of buildings for eligible capital investment projects.
- Related soft costs such as engineering and installation expenses directly tied to eligible property.
grant_eligibility_criteria|zone
- Alberta
grant_single_labels|criteria
- Size of investment: Larger investments are considered to have a greater economic impact and contribute more to sustainable economic growth.
- Timeliness of investment: Quicker investments support faster achievement of economic development objectives.
- Employment impacts: The number of jobs created in Alberta, both temporary and permanent, is assessed.
- Inclusion of under-represented people or groups: Existence of corporate policies or initiatives aimed at improving inclusion for under-represented populations.
- Modernization or productivity improvements: Projects that enhance productivity, competitiveness, and value of products and services are valued.
grant_single_labels|apply
- Step 1: Creating a User ProfileAccess the online application portal via the CITC program website during the intake period.
- Create a user account by selecting a secure login name and password.
- Gain portal access to live application forms and templates.
- Step 2: Applying for Conditional ApprovalComplete and submit the online Application Form for Conditional Approval.
- Fill out and submit a Proposed Investment Plan Form and an Economic Impact Assessment Form through the portal.
- Attach supporting documentation related to the investment and assessment.
- Wait for evaluation and competitive assessment by CITC program staff.
- Receive a Conditional Approval Letter and an Approved Investment Plan if successful. This letter will specify the eligible property and maximum tax credit available.
- Step 3: Reporting on ProgressSubmit a progress report every 180 days from the date of receiving the Conditional Approval Letter until the investment is completed.
- Use designated forms available via the online portal.
- Include the status of eligible qualified properties as outlined in the Approved Investment Plan.
- Submit supporting documents as proof of progress if required, such as planning permission, receipts, etc.
- Step 4: Applying for the Tax Credit CertificateOnce the eligible property is purchased and available for use, submit the Application Form for Tax Credit Certificate via the online portal.
- Provide an updated Status Report of the Approved Investment Plan and an updated Economic Impact Assessment.
- Declare the intention to hold the eligible property in Alberta for at least one year from certificate issuance.
- Step 5: Receiving the Tax CreditThe Minister evaluates the completion and conformity of the investment with the Approved Investment Plan and Economic Impact Assessment.
- Receive the Tax Credit Certificate if requirements are met.
- Apply the tax credit against the corporation's income taxes as per program rules.
- If the decision is disputed, submit a written request for reconsideration within 30 days of notification.
grant_single_labels|otherInfo
- The Minister may grant extensions for deadlines, with or without conditions, even after the original time limit has expired.
- Investments receiving credits must acknowledge Government of Alberta support in any public announcements, coordinated with the government.
- Information submitted may be disclosed as per the Freedom of Information and Privacy (FOIP) Act, except where legal exceptions apply.
- Corporations must report significant changes such as amalgamations, dissolutions, or winding-ups within 30 days.
grant_single_labels|contact
CITC.program@gov.ab.ca
Apply to this program
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