Closed
Source verified June 8, 2026
Nunavut Investment Tax Credit
Nunavut tax credit schedule for eligible corporations
Funding available
Varies by project
Deadline
Open continuously
Location
Nunavut, Canada
Who can apply
Corporations with a permanent establishment in Nunavut at any time in the year in which the investment tax credit arose.
See full eligibility
Overview
The Nunavut Investment Tax Credit is a tax credit schedule for corporations with a permanent establishment in Nunavut and investments eligible under the Risk Capital Investment Tax Credits Act. It supports labour-sponsored venture capital corporations, community-endorsed venture capital corporations, and direct investment in territorial business corporations.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Varies by project
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Nunavut
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 labour-sponsored venture capital corporations
- Investing in community-endorsed venture capital corporations
- Direct investment in territorial business corporations
Documents Needed
- Completed T2SCH480 schedule
- T2 Corporation Income Tax Return
Official resources
Eligibility
Who is eligible?
- Corporations with a permanent establishment in Nunavut at any time in the year in which the investment tax credit arose.
Eligible expenses
- Eligible investments under the Risk Capital Investment Tax Credits Act
Eligible geographic areas
- Nunavut
How to apply
- Download and save the fillable PDF to your computer.
- Open the downloaded PDF in Acrobat Reader 10 or later.
- File one completed copy of this schedule with your T2 Corporation Income Tax Return.
Processing and Agreement
- File one completed copy of this schedule with your T2 Corporation Income Tax Return.
Frequently Asked Questions about the Nunavut Investment Tax Credit Program
What is the Nunavut Investment Tax Credit?
The Nunavut Investment Tax Credit is a tax credit schedule for corporations with a permanent establishment in Nunavut and investments eligible under the Risk Capital Investment Tax Credits Act. It supports labour-sponsored venture capital corporations, community-endorsed venture capital corporations, and direct investment in territorial business corporations.
Who is eligible for the Nunavut Investment Tax Credit program?
To be eligible for the Nunavut Investment Tax Credit program, you must:
Corporation with a permanent establishment in Nunavut at any time in the year the credit arose
Made investments eligible under the Risk Capital Investment Tax Credits Act
What expenses are eligible under Nunavut Investment Tax Credit?
Investing in labour-sponsored venture capital corporations
Investing in community-endorsed venture capital corporations
Direct investment in territorial business corporations
Who can I contact for more information about the Nunavut Investment Tax Credit?
You can contact Canada Revenue Agency (CRA).
Where is the Nunavut Investment Tax Credit available?
The Nunavut Investment Tax Credit program is available the province of Nunavut.
Is the Nunavut Investment Tax Credit a grant, loan, or tax credit?
Nunavut Investment Tax Credit is a Tax Credits
Who are the financial supporters of the Nunavut Investment Tax Credit?
Nunavut Investment Tax Credit is funded by Canada Revenue Agency (CRA), Government of Nunavut