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Federal qualifying environmental trust (QET) tax credit
Federal tax credit for qualifying environmental trusts
Last Update: April 9, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Canada
Overview
A federal tax credit may be claimed by a corporation that is the beneficiary of a qualifying environmental trust. The credit equals the Part XII.4 tax payable by the trust on that income and applies to trusts funding reclamation of certain Canadian sites.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Implement environmental initiatives
- Reduce environmental footprint
Eligible Funding
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Utilities
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Documents Needed
- Schedule 21, if required for the credit calculation
- Corporate tax return supporting the credit claim
Eligibility
Who is eligible?
- Corporations that are beneficiaries under a qualifying environmental trust.
Eligible geographic areas
- Canada
Contacts
Frequently Asked Questions about the Federal qualifying environmental trust (QET) tax credit Program
Here are answers to the most common questions about the Federal qualifying environmental trust (QET) 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 Federal qualifying environmental trust (QET) tax credit?
A federal tax credit may be claimed by a corporation that is the beneficiary of a qualifying environmental trust. The credit equals the Part XII.4 tax payable by the trust on that income and applies to trusts funding reclamation of certain Canadian sites.
Who is eligible for the Federal qualifying environmental trust (QET) tax credit program?
To be eligible for the Federal qualifying environmental trust (QET) tax credit program, you must:
Corporation must be a trust beneficiary.
Trust must meet QET rules.
Claim limited by tax payable.
Who can I contact for more information about the Federal qualifying environmental trust (QET) tax credit?
You can contact Government of Canada by email at none or by phone at none.
Where is the Federal qualifying environmental trust (QET) tax credit available?
The Federal qualifying environmental trust (QET) tax credit program is available across Canada.
Is the Federal qualifying environmental trust (QET) tax credit a grant, loan, or tax credit?
Federal qualifying environmental trust (QET) tax credit is a Tax Credits
Who are the financial supporters of the Federal qualifying environmental trust (QET) tax credit?
Federal qualifying environmental trust (QET) tax credit is funded by Government of Canada