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Tax credit for conversion of a ship
Refundable tax credit for ship conversion projects
Last Update: April 9, 2026
Funding available
No Condition
Timeline
- Open continuously
Location
Quebec, Canada
Overview
This program provides a refundable tax credit for eligible ship conversion projects in Quebec. It supports major ship transformation work, including changes to superstructures, machinery, equipment, plans and specifications, and direct labour costs.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Renovate or adapt facilities
Eligible Funding
- No Condition
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Transportation and warehousing
Location
- Quebec
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
- Major ship conversion work involving significant changes to the superstructure, machinery, or equipment.
- Construction of a prototype ship for a repeatable series.
Documents Needed
- Application form
- Preliminary plans and specifications
- Project summary and gross tonnage estimate
- Signed ship construction contract
- Price comparison if the ship owner is a related company
Eligibility
Who is eligible?
- Shipyards
- For-profit businesses in the transportation and warehousing sector
Eligible expenses
- Plans and specifications for the eligible ship
- Salary expenses related to plans and specifications in Quebec
- Wages of employees directly involved in ship construction or conversion
Eligible geographic areas
- Quebec
Processing and Agreement
- An eligibility certificate must be requested before signing a firm contract with the client.
- After the construction contract is signed, a ship certificate must be requested.
- The certificate is issued based on the submitted plans and documentation.
- Renewal applications may require updated supporting documents.
Additional information
- The certificate of admissibility is valid for up to three years.
- The project must begin within two years after the certificate is issued.
- Renewal may require updated documentation.
- The process is free of charge.
Contacts
Frequently Asked Questions about the Tax credit for conversion of a ship Program
Here are answers to the most common questions about the Tax credit for conversion of a ship. 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 Tax credit for conversion of a ship?
This program provides a refundable tax credit for eligible ship conversion projects in Quebec. It supports major ship transformation work, including changes to superstructures, machinery, equipment, plans and specifications, and direct labour costs.
Who is eligible for the Tax credit for conversion of a ship program?
To be eligible for the Tax credit for conversion of a ship program, you must:
Quebec shipyard with navigable access
Ship of 50 gross tons or more
Major conversion or prototype project
What expenses are eligible under Tax credit for conversion of a ship?
Major ship conversion work involving significant changes to the superstructure, machinery, or equipment.
Construction of a prototype ship for a repeatable series.
Who can I contact for more information about the Tax credit for conversion of a ship?
You can contact Revenu Québec by email at certificat-maritime@economie.gouv.qc.ca or by phone at 1 877 511-5889, poste 3156.
Where is the Tax credit for conversion of a ship available?
The Tax credit for conversion of a ship program is available the province of Quebec.
Is the Tax credit for conversion of a ship a grant, loan, or tax credit?
Tax credit for conversion of a ship is a Tax Credits
Who are the financial supporters of the Tax credit for conversion of a ship?
Tax credit for conversion of a ship is funded by Revenu Québec, Gouvernment of Québec
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