Closed
Nunavut Investment Tax Credit
Tax credit schedule for Nunavut investments
Last Update: June 8, 2026
Funding available
Varies by project
Timeline
- Receipt of requests is now closed
Location
Nunavut, Canada
Overview
The Nunavut Investment Tax Credit is a tax credit schedule for corporations in Nunavut with eligible investments under the Risk Capital Investment Tax Credits Act. It covers labour-sponsored venture capital corporations, community-endorsed venture capital corporations, and direct investments 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
Timeline
- Receipt of requests is now closed
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 in Nunavut
Eligible expenses
- Eligible investments under the Risk Capital Investment Tax Credits Act
Eligible geographic areas
- Nunavut
How to apply
- Step 1: Download the schedule
- Download the fillable PDF to your computer.
- Open it in Acrobat Reader 10 or later.
- Step 2: Complete the form
- Enter the required investment and credit information on Schedule 480.
- Step 3: File with your T2 return
- Submit one completed copy of the schedule with the corporation’s T2 Corporation Income Tax Return.
Processing and Agreement
- The completed schedule must be filed with the corporation’s T2 return.
- The credit is calculated against current-year credit, carryforward, and carryback amounts.
Contacts
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 in Nunavut with eligible investments under the Risk Capital Investment Tax Credits Act. It covers labour-sponsored venture capital corporations, community-endorsed venture capital corporations, and direct investments 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 permanent establishment in Nunavut
Eligible investments under the 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) by email at none or by phone at none.
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