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Ontario Regional Opportunities Investment Tax Credit (ROITC)
Refundable tax credit for regional business investment
Last Update: May 7, 2026
Funding available
$ 45,000
Timeline
- Open Date : May 12, 2020
Location
Ontario, Canada
Overview
This program provides a refundable corporate income tax credit for qualifying investments in eligible commercial and industrial buildings in designated Ontario regions. A temporary enhancement may increase the credit rate for eligible expenditures within the specified period.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 45,000 $
- Up to 10% of project cost
Timeline
- Open Date : May 12, 2020
Eligible candidates
Eligible Industries
- Construction
- Manufacturing
Location
- Ontario
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
- Constructing eligible commercial buildings
- Renovating eligible industrial buildings
- Acquiring eligible commercial or industrial property
Documents Needed
- Schedule 570, Ontario Regional Opportunities Investment Tax Credit
- T2 Corporation Income Tax Return
- Written waivers from associated corporations, if applicable
Eligibility
Who is eligible?
- Canadian-controlled private corporations
- Corporations carrying on business in Ontario
Who is not eligible
- Corporations exempt from tax under Part III of the Taxation Act, 2007
- Residential property investments
Eligible expenses
- Costs to acquire, construct, renovate, or add to eligible property
- Eligible capital expenditures for commercial and industrial buildings
Ineligible Costs and Activities
- Residential buildings
- Expenditures under non-arm’s-length contracts
Eligible geographic areas
- Northern Ontario designated districts
- Southern Ontario designated counties, districts, and municipalities
Processing and Agreement
- The Canada Revenue Agency administers the credit on behalf of Ontario
- Corporations claim the credit through their T2 Corporation Income Tax Return
- Associated corporations must provide written waivers if applicable
Additional information
- The Canada Revenue Agency administers the credit on behalf of Ontario.
- The credit is claimed on the T2 Corporation Income Tax Return.
- Associated corporations may need written waivers from one another.
- Eligible property must be wholly located in a designated region.
Contacts
Frequently Asked Questions about the Ontario Regional Opportunities Investment Tax Credit (ROITC) Program
Here are answers to the most common questions about the Ontario Regional Opportunities Investment Tax Credit (ROITC). 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 Ontario Regional Opportunities Investment Tax Credit (ROITC)?
This program provides a refundable corporate income tax credit for qualifying investments in eligible commercial and industrial buildings in designated Ontario regions. A temporary enhancement may increase the credit rate for eligible expenditures within the specified period.
How much funding can be received?
Ontario Regional Opportunities Investment Tax Credit (ROITC) Funds up to 10% of admissible expenses, capped at $45,000 per project.
Who is eligible for the Ontario Regional Opportunities Investment Tax Credit (ROITC) program?
To be eligible for the Ontario Regional Opportunities Investment Tax Credit (ROITC) program, you must:
Canadian-controlled private corporation
Permanent establishment in Ontario
Investment in a designated region
What expenses are eligible under Ontario Regional Opportunities Investment Tax Credit (ROITC)?
Constructing eligible commercial buildings
Renovating eligible industrial buildings
Acquiring eligible commercial or industrial property
Who can I contact for more information about the Ontario Regional Opportunities Investment Tax Credit (ROITC)?
You can contact Canada Revenue Agency (CRA) or by phone at 1 800 959 5525.
Where is the Ontario Regional Opportunities Investment Tax Credit (ROITC) available?
The Ontario Regional Opportunities Investment Tax Credit (ROITC) program is available the province of Ontario.
Is the Ontario Regional Opportunities Investment Tax Credit (ROITC) a grant, loan, or tax credit?
Ontario Regional Opportunities Investment Tax Credit (ROITC) is a Tax Credits