Gaspésie and Maritime Provinces

• Refundable tax credit equal to 30% of eligible payroll for marine biotechnology, mariculture, and recreational tourism sectors.
• Refundable tax credit equal to 15% of eligible payroll for other eligible sectors.
• Eligible salary amount is capped at $83,333 per qualified employee per year.

• The company must operate in the Bas-Saint-Laurent, Côte-Nord, or Gaspésie–Îles-de-la-Madeleine regions.
• The applicant must obtain an initial certificate from Investissement Québec, demonstrating the potential to create at least three full-time jobs in an eligible region within a reasonable period.
• The business must carry out eligible activities as defined for the relevant region, such as marine biotechnology, mariculture, manufacturing or processing of slate or peat, wind energy production, seafood product transformation, or recreation and tourism (in specified locations).
• The company must obtain an annual certificate of recognized enterprise activities and an attestation for eligible employees from Investissement Québec.

Who is eligible?

• Companies in marine biotechnology and mariculture
• Businesses involved in the manufacturing or transformation of finished or semi-finished products from slate or peat
• Organizations in the wind energy production and wind turbine manufacturing sector (specific to Gaspésie–Îles-de-la-Madeleine and MRC de La Matanie)
• Enterprises specializing in seafood processing (certain regions only)
• Companies operating in the recreational tourism sector (Îles-de-la-Madeleine only)

Who is not eligible

• Companies engaged in recreational tourism activities outside the Îles-de-la-Madeleine are not eligible.
• Companies conducting manufacturing activities outside the Gaspésie–Îles-de-la-Madeleine region are not eligible.
• Businesses involved in the production of wind energy or wind turbine manufacturing outside the Gaspésie–Îles-de-la-Madeleine and MRC de La Matanie are not eligible.
• Companies engaged in seafood processing outside Gaspésie–Îles-de-la-Madeleine, Côte-Nord, and MRC de La Matanie are not eligible.

Eligible expenses

• Salaries paid to eligible employees, up to a maximum of $83,333 per employee per year.

Eligible geographic areas

• Gaspésie–Îles-de-la-Madeleine administrative region (including Îles-de-la-Madeleine)
• Côte-Nord administrative region
• Bas-Saint-Laurent administrative region (certain activities only permitted in the MRC de La Matanie)

• This tax credit is refundable and based on the total eligible payroll.
• Salaries considered for the credit are capped at $83,333 per eligible employee per year.
• Companies must pay fees to Investissement Québec for the analysis and issuance of eligibility certificates and attestations.
• Investissement Québec provides eligibility confirmation, but the credit itself is claimed from Revenu Québec.