Updated June 2026

Discover Tax Credits for Businesses in British Columbia for 2026

Optimize your business: BC tax credits are the key to your success and growth.

British Columbia offers a robust and diverse array of business tax credits designed to foster economic growth, stimulate innovation, and support key industries across the province. These B.C. corporate tax incentives provide significant B.C. business tax savings, serving as a vital mechanism for businesses to reduce operational costs, enhance profitability, and reinvest in their future.

35 programs available

Tax CreditsOpen
BC Scientific Research & Experimental Development Tax Credit
Government of British Columbia (BC), BC Ministry of Finance, Canada Revenue Agency (CRA)
Tax credit for R&D in British Columbia
BC, Canada
Eligible Funding
- Maximum amount : 3,000,000 $
- Up to 10% of project cost
Eligible Industries
- Professional, scientific and technical services
Types of eligible projects
Innovation
BC, Canada
Tax CreditsOpen
BC Small Business Venture Capital Program
Government of British Columbia (BC)
Tax credits for B.C. small business investment
BC, Canada
Eligible Funding
- From $25,000 to $10,000,000
- Up to 30% of project cost
Eligible Industries
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Arts, entertainment and recreation
Types of eligible projects
CommercializationTechnologyEnvironment and ClimateInnovationDigital Transformation
BC, Canada
Tax CreditsOpen
British Columbia clean buildings tax credit
BC Ministry of Finance, Government of British Columbia (BC)
Refundable credit for energy-efficient building retrofits
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Retail trade
- Transportation and warehousing
- Real estate and rental and leasing
- Professional, scientific and technical services
Types of eligible projects
Environment and ClimateConstruction and Renovation
BC, Canada
Tax CreditsOpen
British Columbia interactive digital media tax credit
Canada Revenue Agency (CRA), BC Ministry of Finance
Refundable support for interactive digital media developers
BC, Canada
Eligible Funding
- Up to 25% of project cost
Eligible Industries
- Information and cultural industries
Types of eligible projects
Digital Transformation
BC, Canada
Tax CreditsOpen
British Columbia logging tax credit
BC Ministry of Finance, Government of British Columbia (BC), Province of British Columbia
Provincial tax credit for B.C. logging operations
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Agriculture, forestry, fishing and hunting
Types of eligible projects
BC, Canada
Tax CreditsOpen
British Columbia mining exploration tax credit
BC Ministry of Finance, Government of British Columbia (BC)
Refundable tax support for mining exploration
BC, Canada
Eligible Funding
- Up to 20% of project cost
Eligible Industries
- Mining, quarrying, and oil and gas extraction
Types of eligible projects
Environment and Climate
BC, Canada
Tax CreditsOpen
British Columbia production services tax credit
Creative BC
Tax incentives for film, television, and digital production companies
BC, Canada
Eligible Funding
- Up to 36% of project cost
Eligible Industries
- Information and cultural industries
- Arts, entertainment and recreation
Types of eligible projects
Digital Transformation
BC, Canada
Tax CreditsOpen
British Columbia shipbuilding and ship repair industry tax credit
Government of British Columbia (BC), BC Ministry of Finance
Refundable tax credit for shipbuilding employers
BC, Canada
Eligible Funding
- From $5,250 to $7,875
- Up to 30.000002% of project cost
Eligible Industries
- Manufacturing
Types of eligible projects
Construction and Renovation
BC, Canada
Tax CreditsOpen
Film Incentive BC Tax Credit
Creative BC
Refundable tax credit for BC productions
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Information and cultural industries
Types of eligible projects
Human Resources
BC, Canada
Tax CreditsOpen
Interactive digital media tax credit (B.C.)
Government of British Columbia (BC), Province of British Columbia
Tax credit for interactive digital media in British Columbia
BC, Canada
Eligible Funding
- Up to 17.5% of project cost
Eligible Industries
- Information and cultural industries
Types of eligible projects
Digital Transformation
BC, Canada
Other SupportGrant and FundingTax CreditsOpen
Permissive Tax Exemptions
Municipality of North Cowichan
Tax relief for qualifying local nonprofits
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Public administration
Types of eligible projects
Environment and ClimateConstruction and Renovation
BC, Canada
Tax CreditsOpen
Revitalization Tax Exemption program
Municipality of North Cowichan
Municipal tax relief for industrial investment
North Cowichan, BC, Canada
Eligible Funding
- Up to 100% of project cost
Eligible Industries
- Construction
- Manufacturing
Types of eligible projects
Construction and Renovation
North Cowichan, BC, Canada
Tax CreditsOpen
Training tax credit for employers
Government of British Columbia (BC), BC Ministry of Finance
Refundable tax credits for BC apprenticeship wages
BC, Canada
Eligible Funding
- Maximum amount : 6,000 $
- Up to 20% of project cost
Eligible Industries
- Construction
- Manufacturing
- Other services (except public administration)
- Public administration
Types of eligible projects
Human Resources
BC, Canada
Tax CreditsExpert AdviceLoans and Capital investmentsOpen
Venture Capital Corporation
Government of British Columbia (BC), BC Ministry of Finance
Equity investments for BC businesses
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Transportation and warehousing
- Information and cultural industries
- Arts, entertainment and recreation
- Accommodation and food services
Types of eligible projects
CommercializationTechnologyInnovation
BC, Canada
Tax CreditsClosed
BC book publishing tax credit
Government of British Columbia (BC), BC Ministry of Finance, Province of British Columbia, Canada Revenue Agency (CRA)
Refundable tax credit for B.C. book publishers
BC, Canada
Eligible Funding
- Up to 90% of project cost
Eligible Industries
- Information and cultural industries
Types of eligible projects
BC, Canada
Grant and FundingTax CreditsClosed
BC Family Benefit / BC Climate Action Tax Credit
Government of British Columbia (BC)
Monthly tax-free support for families in British Columbia
BC, Canada
Eligible Funding
- Maximum amount : 145 $
Eligible Industries
- Public administration
Types of eligible projects
Environment and Climate
BC, Canada
Tax CreditsClosed
BC First-Time New Home Buyers' Bonus
Government of British Columbia (BC)
Tax relief for first-time home buyers
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Real estate and rental and leasing
Types of eligible projects
Construction and Renovation
BC, Canada
Other SupportGrant and FundingTax CreditsClosed
Bravery Foundation — Humanitarian Aid for Ukraine
Bravery Foundation
Humanitarian support for Ukraine and displaced Ukrainians
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Transportation and warehousing
- Health care and social assistance
Types of eligible projects
BC, Canada
Tax CreditsClosed
British Columbia farmers' food donation tax credit
Canada Revenue Agency (CRA)
Tax credit for BC farm food donations
BC, Canada
Eligible Funding
- Up to 25% of project cost
Eligible Industries
- Agriculture, forestry, fishing and hunting
Types of eligible projects
BC, Canada
Tax CreditsClosed
British Columbia film and television tax credit
Creative BC
Refundable BC tax credit for eligible productions
BC, Canada
Eligible Funding
- Up to 40% of project cost
Eligible Industries
- Information and cultural industries
- Arts, entertainment and recreation
Types of eligible projects
Human ResourcesDigital Transformation
BC, Canada
Tax CreditsClosed
British Columbia Manufacturing and Processing Tax Credit
Government of British Columbia (BC)
Non-refundable tax relief for manufacturing investments
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Manufacturing
Types of eligible projects
CommercializationConstruction and Renovation Innovation
BC, Canada
Tax CreditsClosed
British Columbia training tax credit
Government of British Columbia (BC)
Refundable tax credit for employer apprenticeship wages
BC, Canada
Eligible Funding
- Maximum amount : 6,000 $
- Up to 30% of project cost
Eligible Industries
- Construction
Types of eligible projects
Human Resources
BC, Canada
Grant and FundingTax CreditsClosed
Canada Learning Bond (CLB) and Canada Education Savings Grant (CESG)
Employment and Social Development Canada (ESDC)
Education savings support for post-secondary studies
BC, Quebec, Canada
Eligible Funding
- Maximum amount : 7,200 $
- Up to 20% of project cost
Eligible Industries
- Educational services
Types of eligible projects
BC, Quebec, Canada
Tax CreditsClosed
Canada workers benefit (CWB)
Canada Revenue Agency (CRA)
Refundable tax credit for low-income workers
BC, Nunavut, Canada
Eligible Funding
- Maximum amount : 2,813 $
Eligible Industries
- All industries
Types of eligible projects
BC, Nunavut, Canada
Other SupportTax CreditsClosed
Cannabis annual regulatory fee and exemption for licence holders
Health Canada
Annual cannabis fee rules and exemption guidance
Canada
Eligible Funding
- Varies by project
Eligible Industries
- Manufacturing
- Wholesale trade
- Retail trade
Types of eligible projects
CommercializationInnovation
Canada
Tax CreditsClosed
Children’s Fitness Tax Credit
Government of Canada
Tax relief for children’s fitness fees
Canada
Eligible Funding
- From $100 to $500
Eligible Industries
- Arts, entertainment and recreation
Types of eligible projects
Canada
Tax CreditsClosed
Emergency Benefit for Workers
Government of British Columbia (BC)
Emergency support for eligible B.C. workers
BC, Canada
Eligible Funding
- Maximum amount : 1,000 $
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Construction
- Manufacturing
- Information and cultural industries
Types of eligible projects
BC, Canada
Other SupportGrant and FundingTax CreditsClosed
FortisBC Air Source Heat Pump Rebate
FortisBC, Warm Hearts Charitable Foundation
Rebate for high-efficiency heat pump upgrades
BC, Canada
Eligible Funding
- From $50 to $4,000
Eligible Industries
- Utilities
- Construction
- Real estate and rental and leasing
Types of eligible projects
Environment and ClimateConstruction and Renovation
BC, Canada
Tax CreditsClosed
Home Owner Grants
City of Kamloops
Reduces property tax on a principal residence
Kamloops, BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Public administration
Types of eligible projects
Construction and Renovation
Kamloops, BC, Canada
Tax CreditsClosed
Home Renovation Tax Credit for Seniors and Persons with Disabilities
Government of British Columbia (BC)
Tax credit for accessible home renovations
BC, Canada
Eligible Funding
- Maximum amount : 10,000 $
- Up to 10% of project cost
Eligible Industries
- Construction
Types of eligible projects
Construction and Renovation
BC, Canada
Tax CreditsClosed
Part 13 — Natural Gas Tax Credit
Government of British Columbia (BC)
Tax credit for qualifying LNG businesses
BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Utilities
- Manufacturing
Types of eligible projects
BC, Canada
Other SupportTax CreditsClosed
Property Tax Exemptions
City of Nelson, City of Lloydminster
Municipal property tax relief for community organizations
Nelson, BC, Canada
Eligible Funding
- Varies by project
Eligible Industries
- Public administration
Types of eligible projects
Construction and Renovation
Nelson, BC, Canada
Tax CreditsClosed
Public Service Bodies’ Rebate for Charities Resident in One or More Non-participating Provinces
Government of Canada
GST/HST rebate for eligible charities
Canada
Eligible Funding
- Up to 50% of project cost
Eligible Industries
- All industries
Types of eligible projects
Canada
Tax CreditsClosed
Recovery Benefit (Part 15, Income Tax Act, RSBC 1996, c.215)
Government of British Columbia (BC)
Recovery support for eligible BC individuals
BC, Canada
Eligible Funding
- From $500 to $1,000
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Construction
- Manufacturing
- Information and cultural industries
Types of eligible projects
Construction and Renovation
BC, Canada
Tax CreditsClosed
Tax relief and support for businesses in response to tariffs
Canada Revenue Agency (CRA)
Temporary tax relief for tariff-affected businesses
Canada
Eligible Funding
- Varies by project
Eligible Industries
- Manufacturing
- Wholesale trade
- Retail trade
- Transportation and warehousing
Types of eligible projects
Canada