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Source verified July 12, 2026
Nova Scotia Capital Investment Tax Credit
Refundable corporate tax credit for qualifying Nova Scotia investments
Funding available
$ 100,000,000
Deadline
Open continuously
Location
Nova Scotia, Canada
Who can apply
Companies mainly operating in manufacturing and processing, agriculture, fishing, or logging.
See full eligibility
Overview
The Nova Scotia Capital Investment Tax Credit is a refundable 25% tax credit for companies investing in approved projects in Nova Scotia. It covers eligible property acquired before 1 January 2030 for manufacturing and processing, agriculture, and goods transport by space vehicle in orbit.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase operational productivity
- Optimize production processes
Eligible Funding
- Maximum amount : 100,000,000 $
- Up to 25% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
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.
Documents Needed
- Section A application for a certificate of eligibility
- Section B applications for tax credit certificates
- Schedule 351, Additional Certificate Numbers for the Nova Scotia Capital Investment Tax Credit, if you have more than one certificate
- The original or a copy of the tax credit certificate issued by the province
Official resources
Eligibility
Who is eligible?
- Companies mainly operating in manufacturing and processing, agriculture, fishing, or logging.
- Companies in the transport of goods, including satellites, by space vehicle in orbit.
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
- The capital cost of eligible property acquired for use in Nova Scotia as part of an approved project.
Selection criteria
- The project must demonstrate consistency with Nova Scotia’s priority of achieving sustained economic development and growth through investments in significant capital projects, such as new technologies or expansions that enhance innovation, productivity, competitiveness, or increase international trade.
How to apply
- Submit a section A application for a certificate of eligibility to the Department of Finance and Treasury Board of Nova Scotia.
- After the end of each taxation year in which eligible property is acquired, submit the section B application for a tax credit certificate.
Processing and Agreement
- Claim the credit on line 568 of Schedule 5, Additional Tax Calculation – Corporations.
- Enter the certificate number on line 841 of Schedule 5 if there is only one certificate.
- If you receive more than one certificate, complete Schedule 351 and attach it to your T2 corporate income tax return.
Additional information
- A prolongation of the Nova Scotia Capital Investment Tax Credit has been announced.
Contacts
Frequently Asked Questions about the Nova Scotia Capital Investment Tax Credit Program
What is the Nova Scotia Capital Investment Tax Credit?
The Nova Scotia Capital Investment Tax Credit is a refundable 25% tax credit for companies investing in approved projects in Nova Scotia. It covers eligible property acquired before 1 January 2030 for manufacturing and processing, agriculture, and goods transport by space vehicle in orbit.
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:
The project must be approved.
Eligible property must be acquired before 1 January 2030.
The property must be used in Nova Scotia.
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 by email at citc@novascotia.ca or by phone at 902-424-5388.
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