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Nova Scotia Capital Investment Tax Credit
Refundable corporate tax credit for qualifying Nova Scotia investments
Last Update: March 3, 2026
Funding available
$ 5,000,000 - $ 100,000,000
Timeline
- Open continuously
Location
Nova Scotia, Canada
Overview
The Nova Scotia Capital Investment Tax Credit is a refundable corporate tax credit providing up to $100 million per approved project, supporting capital investments in qualified property for use within the province. The program aims to stimulate economic growth by funding projects in sectors such as manufacturing, processing, fishing, farming, logging, grain storage, and peat harvesting.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Optimize production processes
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 100,000,000 $
- Minimum amount : 5,000,000 $
- Up to 25% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Manufacturing
Location
- Nova Scotia
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
Activities funded
- Establishing or expanding manufacturing operations in Nova Scotia.
- Investing in processing facilities within the province.
- Developing projects in the sectors of fishing, farming, logging, grain storage, or peat harvesting.
Eligibility
Who is eligible?
- Corporations in the manufacturing sector
- Corporations in the processing sector
- Corporations in the fishing industry
- Corporations in farming
- Corporations engaged in logging, grain storage, or peat harvesting
Who is not eligible
- Companies whose main activity is oil and gas extraction.
- Businesses operating in natural gas distribution.
- Firms in the construction sector.
- Companies involved in cement and concrete product mixing.
- Organizations engaged in clay building material and refractory manufacturing, asphalt paving, roofing and saturated materials manufacturing, retail trade, commercial screen printing, quick printing, or digital printing.
Eligible expenses
- Capital costs directly related to acquiring qualified property for use in Nova Scotia as part of an approved project.
Eligible geographic areas
- Nova Scotia
Additional information
- The tax credit is refundable and must be claimed on the corporation's T2 corporate tax return with the Canada Revenue Agency.
- All application packages must be submitted via email; paper applications are not accepted.
- If applicable, multiple Part B applications can be made if an approved project spans several tax years.
- There are specific timelines for acquisition and availability of qualified property, as detailed in the business plan.
Frequently Asked Questions about the Nova Scotia Capital Investment Tax Credit Program
Here are answers to the most common questions about the Nova Scotia Capital Investment 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 Nova Scotia Capital Investment Tax Credit?
The Nova Scotia Capital Investment Tax Credit is a refundable corporate tax credit providing up to $100 million per approved project, supporting capital investments in qualified property for use within the province. The program aims to stimulate economic growth by funding projects in sectors such as manufacturing, processing, fishing, farming, logging, grain storage, and peat harvesting.
How much funding can be received?
Nova Scotia Capital Investment Tax Credit Funds up to 25% of admissible expenses, capped at $100,000,000 per project.
Who is eligible for the Nova Scotia Capital Investment Tax Credit program?
To be eligible for the Nova Scotia Capital Investment Tax Credit program, you must:
Corporation must be incorporated under Canadian federal or provincial law and taxable in Canada.
Must have a permanent establishment in Nova Scotia.
Principal activity must not fall within certain excluded NAICS industry groups (e.g., oil and gas, construction, retail trade).
What expenses are eligible under Nova Scotia Capital Investment Tax Credit?
Establishing or expanding manufacturing operations in Nova Scotia.
Investing in processing facilities within the province.
Developing projects in the sectors of fishing, farming, logging, grain storage, or peat harvesting.
Who can I contact for more information about the Nova Scotia Capital Investment Tax Credit?
You can contact Government of Nova Scotia.
Where is the Nova Scotia Capital Investment Tax Credit available?
The Nova Scotia Capital Investment Tax Credit program is available the province of Nova Scotia.
Is the Nova Scotia Capital Investment Tax Credit a grant, loan, or tax credit?
Nova Scotia Capital Investment Tax Credit is a Tax Credits