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Tax credit for shipbuilding - Quebec - Canada
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Tax credit for shipbuilding

Tax incentive supporting shipbuilding and naval innovation in Quebec
Revenu Québec
Last Update: March 4, 2026
Funding available
No Condition
Timeline
  • Open continuously
Location
Quebec, Canada

Overview

The Tax Credit for Shipbuilding provides financial support to Quebec companies for the construction or major transformation of ships, covering eligible costs such as salaries and design expenses, pending approval by the Ministry of Economy, Innovation and Energy. There is no stated maximum funding amount, and eligible activities include ship construction, prototyping, and significant vessel modifications.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Optimize production processes
Eligible Funding
  • Up to 38% of project cost
Timeline
  • Open continuously

Eligible candidates

Eligible Industries
  • Manufacturing
  • Transportation and warehousing
Location
  • Quebec
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

  • Construction of new ships meeting the required specifications.
  • Transformation projects involving major technical and structural upgrades to existing vessels.
  • Development of prototype ships as the first in a potential production series.

Eligibility

Who is eligible?

  • Companies operating a shipbuilding business with an establishment in Quebec

Who is not eligible

  • Companies that are exempt from paying income tax for the fiscal year in question.
  • Crown corporations or wholly owned subsidiaries of such corporations.

Eligible expenses

  • Cost of plans and specifications for the construction of the eligible vessel (including the portion carried out in Quebec if the work is not fully performed by the applicant company).
  • Salaries related to the preparation of plans and specifications, as long as these are assignable to a Quebec establishment.
  • Salaries of employees directly involved in the construction or transformation of the vessel.
  • Labour costs attributable to the direct construction or transformation work on the vessel.

Eligible geographic areas

  • Quebec

Additional information

  • The eligibility certificate is valid for up to three years from the date of application submission.
  • Projects must commence no later than two years after the issuance of the eligibility certificate.
  • Any request to renew the eligibility certificate may require revisions and updated documentation from the original submission.
  • There are no application or processing fees for the eligibility certificate or related requests.

Contacts

certificat-maritime@economie.gouv.qc.ca

Frequently Asked Questions about the Tax credit for shipbuilding Program

Here are answers to the most common questions about the Tax credit for shipbuilding. 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 shipbuilding?

The Tax Credit for Shipbuilding provides financial support to Quebec companies for the construction or major transformation of ships, covering eligible costs such as salaries and design expenses, pending approval by the Ministry of Economy, Innovation and Energy. There is no stated maximum funding amount, and eligible activities include ship construction, prototyping, and significant vessel modifications.

How much funding can be received?

Tax credit for shipbuilding Funds up to 38% of admissible expenses.

Who is eligible for the Tax credit for shipbuilding program?

To be eligible for the Tax credit for shipbuilding program, you must: Must be a corporation with an establishment in Quebec engaged in shipbuilding. Must hold a certificate of eligibility from the Minister of Economy, Innovation and Energy for each eligible ship and contract. Cannot be a tax-exempt corporation or a Crown corporation (or its wholly controlled subsidiary).

What expenses are eligible under Tax credit for shipbuilding?

Construction of new ships meeting the required specifications. Transformation projects involving major technical and structural upgrades to existing vessels. Development of prototype ships as the first in a potential production series.

Who can I contact for more information about the Tax credit for shipbuilding?

You can contact Revenu Québec by email at certificat-maritime@economie.gouv.qc.ca.

Where is the Tax credit for shipbuilding available?

The Tax credit for shipbuilding program is available the province of Quebec.

Is the Tax credit for shipbuilding a grant, loan, or tax credit?

Tax credit for shipbuilding is a Tax Credits

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