Tax credit for shipbuilding
grant_single|update April 24, 2025
QC, Canada
Tax incentive supporting shipbuilding and naval innovation in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Tax Credits
grant_single|eligibleIndustries
- Manufacturing
- Transportation and warehousing
grant_single|grantors
- Revenu Québec
grant_single|status
grant_card_status|open
grant_single_labels|preview
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.
grant_single_labels|projects
- 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.
grant_single|admissibleProjectsExample
$ 1,180,000
Transforming a research vessel for Arctic navigation capability
$ 4,650,000
Building a hybrid-electric passenger ferry for regional transport
$ 1,700,000
Major retrofitting of a tugboat fleet with emission controls
$ 540,000
Prototype construction of a lightweight aluminum cargo barge
$ 2,090,000
Full construction of a double-hull oil recovery vessel
$ 1,000,000
Developing a prototype autonomous hydrographic survey vessel
grant_single_labels|admissibility
- The applicant must be a corporation with an establishment in Quebec operating a shipbuilding business.
- The company must hold a certificate of eligibility issued by the Minister of Economy, Innovation and Energy for each eligible ship and contract.
- The shipyard must be located in Quebec and have direct access to a navigable waterway, workshops for ship construction under permanent shelter, and the necessary infrastructure to launch the vessel.
- The company must have demonstrated capacity by having constructed or reconstructed, within the past five years, a ship or barge of more than 50 gross tonnage for an unrelated client.
- The project must involve the construction of a ship of at least 50 gross tonnage, intended for transporting goods or people, or providing specialized services, or involve major technical transformations.
grant_eligibility_criteria|who_can_apply
- Companies operating a shipbuilding business with an establishment in Quebec
grant_eligibility_criteria|who_cannot_apply
- Companies that are exempt from paying income tax for the fiscal year in question.
- Crown corporations or wholly owned subsidiaries of such corporations.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
- Quebec
grant_single_labels|apply
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grant_single_labels|otherInfo
- 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.
grant_single_labels|contact
certificat-maritime@economie.gouv.qc.ca
Apply to this program
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