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Source verified July 5, 2026

Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit

Tax credit form for manufacturing investments
Latest source update
Last Update: July 5, 2026
Latest change: The T2SCH310 form for the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit is now visible with download and submission instructions.
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Newfoundland and Labrador tax credit form now visible
The T2SCH310 form for the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit is now visible, covering 2022 and later tax years. It now shows that users must download the accessible fillable PDF to their computer and open it in Acrobat Reader 10 or later, with both fillable and print PDF versions available. The form page also provides alternate-format ordering information for persons with disabilities, which affects how applicants can complete the filing process.
Funding available
Up to 10% of project cost
Deadline
Open continuously
Location
Newfoundland and Labrador, Canada
Who can apply

Canadian-controlled private corporations

See full eligibility

Overview

Le formulaire T2SCH310 sert à calculer le crédit d’impôt à l’investissement de Terre-Neuve-et-Labrador pour la fabrication et la transformation pour les années d’imposition 2022 et suivantes. Il concerne l’investissement dans des biens immobilisés admissibles utilisés dans une entreprise exploitée dans la province, avec des règles distinctes pour les sociétés privées sous contrôle canadien.
/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Increase production or service capacity
  • Increase operational productivity
  • Optimize production processes
Eligible Funding
  • Up to 10% of project cost

Eligible candidates

Eligible Industries
  • All industries
Location
  • Newfoundland and Labrador
Legal structures
  • For-profit business
Annual revenue
  • All revenue ranges
Organisation size
  • All organization sizes
Audience
  • All groups

Next Steps

1
Determine your project
2
Validate your eligibility

Activities funded

  • Investing in capital property located in the province for use in a business operated in the province

Documents Needed

  • Accessible fillable PDF
  • Standard print PDF

Official resources

Program guide

Newfoundland and Labrador manufacturing and processing investment tax credit

Application form

T2SCH310 Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit (2022 and later tax years)

Eligibility

Who is eligible?

  • Canadian-controlled private corporations

Eligible expenses

  • Capital property

How to apply

  • Download and save the PDF to your computer.
  • Open the downloaded PDF in Acrobat Reader 10 or later.

Processing and Agreement

  • Download the accessible fillable PDF to your computer.
  • Open the downloaded PDF in Acrobat Reader 10 or later.
  • Do not open the fillable PDF in a web browser.

Frequently Asked Questions about the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit Program

What is the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit?

Le formulaire T2SCH310 sert à calculer le crédit d’impôt à l’investissement de Terre-Neuve-et-Labrador pour la fabrication et la transformation pour les années d’imposition 2022 et suivantes. Il concerne l’investissement dans des biens immobilisés admissibles utilisés dans une entreprise exploitée dans la province, avec des règles distinctes pour les sociétés privées sous contrôle canadien.

How much funding can be received?

Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit Funds up to 10% of admissible expenses.

Who is eligible for the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit program?

To be eligible for the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit program, you must: The investment must be in eligible capital property located in the province. The property must be used in a business operated in the province. The credit applies to the manufacturing and processing, agriculture, fishing, and forestry sectors.

What expenses are eligible under Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit?

Investing in capital property located in the province for use in a business operated in the province

Who can I contact for more information about the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit?

You can contact Emera Newfoundland & Labrador (ENL).

Where is the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit available?

The Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit program is available the province of Newfoundland and Labrador.

Is the Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit a grant, loan, or tax credit?

Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit is a Tax Credits