Open
Capital Investment Tax Credit (CITC)
Tax credit supporting Alberta manufacturing and tourism infrastructure investments
Last Update: March 3, 2026
Funding available
$ 1,000,000 - $ 5,000,000
Timeline
- Open continuously
Location
Alberta, Canada
Overview
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.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 5,000,000 $
- Minimum amount : 1,000,000 $
- Up to 10% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Manufacturing
- Arts, entertainment and recreation
- Accommodation and food services
Location
- Alberta
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Persons with Disabilities
- Newcomers to Canada
- Rural or Northern Residents
- Canadians
- Youth (<40)
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- 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.
Eligibility
Who is eligible?
- 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
Who is not eligible
- 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.
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.
Eligible geographic areas
- Alberta
Additional information
- 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.
Contacts
Frequently Asked Questions about the Capital Investment Tax Credit (CITC) Program
Here are answers to the most common questions about the Capital Investment Tax Credit (CITC). 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 Capital Investment Tax Credit (CITC)?
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.
How much funding can be received?
Capital Investment Tax Credit (CITC) Funds up to 10% of admissible expenses, capped at $5,000,000 per project.
Who is eligible for the Capital Investment Tax Credit (CITC) program?
To be eligible for the Capital Investment Tax Credit (CITC) program, you must:
The corporation must be incorporated, continued, or registered in Alberta.
Must conduct manufacturing, processing, or tourism infrastructure activities in Alberta.
Minimum eligible investment value of $1 million.
What expenses are eligible under Capital Investment Tax Credit (CITC)?
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.
Who can I contact for more information about the Capital Investment Tax Credit (CITC)?
You can contact Government of Alberta by email at CITC.program@gov.ab.ca.
Where is the Capital Investment Tax Credit (CITC) available?
The Capital Investment Tax Credit (CITC) program is available the province of Alberta.
Is the Capital Investment Tax Credit (CITC) a grant, loan, or tax credit?
Capital Investment Tax Credit (CITC) is a Tax Credits