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Innovation Tax Credits for Canadian Business in 2026

In Canada, innovation is more than just a buzzword – it's a cornerstone of economic growth and competitiveness. To encourage businesses to invest in developing new products, services, and technologies, the government offers innovation tax credits and other business innovation tax incentives.

75 programs
  • Revenu Québec logo
    Tax CreditsOpen

    Investment and innovation tax credit (IITC)

    Tax credit for investment and innovation in Quebec
    Eligible Funding
    Up to 25% of project cost
    Eligible Industries
    All industries
    Types of eligible projects
    TechnologyInnovationDigital Transformation
    Legal Structure
    Non-financial cooperative, For-profit business
    Quebec, Canada
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  • Revenu Québec logo
    Tax CreditsOpen

    Incentive deduction for the commercialization of innovations (IDCI)

    Reduced tax rate for Québec innovation commercialization
    Eligible Funding
    Up to 83% of project cost
    Eligible Industries
    Agriculture, forestry, fishing and hunting, Manufacturing, Information and cultural industries, Professional, scientific and technical services
    Types of eligible projects
    CommercializationInnovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Revenu Québec logo
    Tax CreditsOpen

    Tax credit for external design in Québec

    Tax credit for external fashion design activities
    Eligible Funding
    Up to 24% of project cost
    Eligible Industries
    All industries
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Revenu Québec logo
    Tax CreditsOpen

    Tax credit for R&D labour costs

    Tax credit for R&D in Quebec
    Eligible Funding
    Maximum amount : 3,000,000 $ · Up to 30% of project cost
    Eligible Industries
    Professional, scientific and technical services
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Canada Revenue Agency (CRA) logo
    Tax CreditsOpen

    Tax incentives for mining and exploration

    Federal and provincial tax incentives support mining and exploration activities
    Eligible Funding
    Up to 30% of project cost
    Eligible Industries
    Mining, quarrying, and oil and gas extraction
    Types of eligible projects
    Environment and ClimateInnovation
    Legal Structure
    For-profit business
    Canada
  • Get grants for innovation tax credits for your business

    Tell us about your business and project so we can identify relevant funding programs and practical next steps.

  • Eligible Funding
    Maximum amount : 300,000 $ · Up to 10% of project cost
    Eligible Industries
    Professional, scientific and technical services
    Types of eligible projects
    TechnologyInnovation
    Legal Structure
    For-profit business
    BC, Canada
  • Revenu Québec logo
    Tax CreditsOpen

    Tax Credit for Pre-Competitive Private Partnership Research

    Tax relief for collaborative R&D projects
    Eligible Funding
    Maximum amount : 3,000,000 $ · Up to 14% of project cost
    Eligible Industries
    Professional, scientific and technical services
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Revenu Québec logo
    Tax CreditsOpen

    Tax credit for shipbuilding

    Tax incentive supporting shipbuilding and naval innovation in Quebec
    Eligible Funding
    Up to 38% of project cost
    Eligible Industries
    Manufacturing, Transportation and warehousing
    Types of eligible projects
    TechnologyEnvironment and ClimateInnovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Platform

    Discovery at scale.

    Filter thousands of active funding opportunities with granular precision. Our explorer instantly matches your company profile with regional and national credits.
  • Innovation PEI (PEI) logo
    Tax CreditsOpen

    Advanced Marine Technology Tax Rebate

    Tax rebate for advanced marine technology companies
    Eligible Funding
    Varies by project
    Types of eligible projects
    CommercializationInnovation
    Legal Structure
    For-profit business
    Timeline
    Open Date : July 3, 2015
    PE, Canada
  • City of Thunder Bay logo
    Grant and FundingTax CreditsOpen

    Affordable Bus Pass Program

    Half-price monthly bus passes for eligible residents
    Eligible Funding
    Maximum amount : 50 $ · Up to 50% of project cost
    Eligible Industries
    Transportation and warehousing, Arts, entertainment and recreation
    Types of eligible projects
    Innovation
    Legal Structure
    Public or Parapublic institution
    Thunder Bay, Ontario, Canada
  • Canada Revenue Agency (CRA) logo
    Tax CreditsOpen

    Atlantic Investment Tax Credit

    Tax relief for Atlantic investments
    Eligible Funding
    Up to 10% of project cost
    Eligible Industries
    Agriculture, forestry, fishing and hunting, Mining, quarrying, and oil and gas extraction, Utilities, Manufacturing
    Types of eligible projects
    Construction and Renovation Innovation
    Legal Structure
    Sole proprietorship, For-profit business
    Canada
  • Government of British Columbia (BC) logo
    Tax CreditsOpen

    BC Small Business Venture Capital Program

    Tax credits for B.C. small business investment
    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
    Legal Structure
    For-profit business
    BC, Canada
  • Turn funding opportunities for innovation tax credits into strong applications

    Build a clearer funding plan and prepare stronger applications with guidance from our funding team.

  • Town of Oakville logo
    Grant and FundingTax CreditsOpen

    Brownfield Community Improvement Plan

    Support for brownfield remediation and redevelopment
    Eligible Funding
    Maximum amount : 30,000 $ · Up to 100% of project cost
    Eligible Industries
    Construction, Real estate and rental and leasing, Administrative and support, waste management and remediation services
    Types of eligible projects
    Environment and ClimateInnovation
    Legal Structure
    For-profit business
    Oakville, Ontario, Canada
  • Platform

    Your AI grant expert.

    Meet Charles. An AI trained specifically for grants. Get instant answers to complex qualification questions.
  • Government of Alberta logo
    Tax CreditsOpen

    Capital Investment Tax Credit (CITC)

    Tax credit supporting Alberta manufacturing and tourism infrastructure investments
    Eligible Funding
    From $1,000,000 to $5,000,000 · Up to 10% of project cost
    Eligible Industries
    Manufacturing, Arts, entertainment and recreation, Accommodation and food services
    Types of eligible projects
    Environment and ClimateInnovation
    Legal Structure
    For-profit business
    Alberta, Canada
  • Township of Rideau Lakes logo
    Grant and FundingTax CreditsOpen

    Community Improvement Plan for Villages

    Funding for village property improvement projects
    Eligible Funding
    Maximum amount : 10,000 $ · Up to 80% of project cost
    Eligible Industries
    Construction, Retail trade, Real estate and rental and leasing, Accommodation and food services
    Types of eligible projects
    Environment and ClimateConstruction and Renovation Innovation
    Ontario, Canada
  • Investissement Québec (IQ) logo
    Tax CreditsOpen

    Financing of Refundable Tax Credits

    Tax credit advance loan in Quebec
    Eligible Funding
    From $50,000 to $50,000 · Up to 100% of project cost
    Eligible Industries
    Manufacturing, Information and cultural industries, Professional, scientific and technical services
    Types of eligible projects
    TechnologyInnovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Need help applying for grants for innovation tax credits?

    Get guidance to assess program fit, required documents, and the steps involved in applying.

  • Investissement Québec (IQ) logo
    Tax CreditsOpen

    Gaspésie and Maritime Provinces

    Refundable tax credit for maritime job creation
    Eligible Funding
    Minimum amount : 20,000 $ · Up to 30% of project cost
    Eligible Industries
    Manufacturing
    Types of eligible projects
    Environment and ClimateHuman ResourcesInnovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • City of Thunder Bay logo
    Grant and FundingTax CreditsOpen

    Growth Community Improvement Plan

    Funding for Thunder Bay growth projects
    Eligible Funding
    Maximum amount : 500,000 $ · Up to 100% of project cost
    Eligible Industries
    Construction, Manufacturing, Wholesale trade, Retail trade
    Types of eligible projects
    CommercializationConstruction and Renovation InnovationDigital Transformation
    Legal Structure
    For-profit business
    North Bay, Thunder Bay, Ontario
  • Platform

    Never miss an opportunity.

    Funding cycles open and close within days. Our real-time engine monitors policy changes and alerts you as soon as a new matching opportunity appears.
  • Find funding programs for innovation tax credits that fit your project

    Share your project context to review funding options that may match your goals.

  • Town of Caledon logo
    Other SupportGrant and FundingTax CreditsOpen

    Older Adult Assistance Programs

    Support programs and subsidies for older adults
    Eligible Funding
    Maximum amount : 1,050 $
    Eligible Industries
    Public administration
    Types of eligible projects
    Construction and Renovation InnovationDigital Transformation
    Legal Structure
    Public or Parapublic institution
    Caledon, Ontario, Canada
  • Eligible Funding
    Maximum amount : 4,000,000 $ · Up to 20% of project cost
    Eligible Industries
    Professional, scientific and technical services, Educational services, Health care and social assistance
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    Ontario, Canada
  • Government of Ontario logo
    Grant and FundingTax CreditsOpen

    Ontario Home Energy Cost Management Programs

    Ontario home energy support to lower utility bills
    Eligible Funding
    From $20 to $12,000 · Up to 23% of project cost
    Eligible Industries
    All industries
    Types of eligible projects
    Environment and ClimateInnovation
    Legal Structure
    For-profit business, Non-profit, Public or Parapublic institution, Non-financial cooperative
    Ontario, Canada
  • Platform

    Data-driven strategy.

    Leverage historical data to predict your likelihood of success. See how you compare against industry benchmarks and optimize your capital structure.
  • Government of Saskatchewan logo
    Tax CreditsOpen

    Saskatchewan Critical Minerals Innovation Incentive (SCMII)

    Transferable credits for critical minerals innovation
    Eligible Funding
    From $1,000,000 to $5,000,000 · Up to 25% of project cost
    Types of eligible projects
    CommercializationInnovation
    Legal Structure
    For-profit business
    Timeline
    Open Date : August 1, 2024 · Closing date : March 31, 2029
    Saskatchewan, Canada
  • Get grants for innovation tax credits for your business

    Tell us about your business and project so we can identify relevant funding programs and practical next steps.

  • Government of Saskatchewan logo
    Tax CreditsOpen

    Saskatchewan Petroleum Innovation Incentive (SPII)

    Supports oil and gas innovation projects
    Eligible Funding
    Maximum amount : 5,000,000 $ · Up to 25% of project cost
    Types of eligible projects
    CommercializationTechnologyEnvironment and ClimateInnovation
    Legal Structure
    For-profit business
    Timeline
    Open Date : July 8, 2019 · Closing date : March 31, 2029
    Saskatchewan, Canada
  • Platform

    Discovery at scale.

    Filter thousands of active funding opportunities with granular precision. Our explorer instantly matches your company profile with regional and national credits.
  • Revenu Québec logo
    Tax CreditsOpen

    Tax credit for a new financial services corporation

    Tax credit for eligible financial services companies
    Eligible Funding
    Varies by project
    Eligible Industries
    Finance and insurance
    Types of eligible projects
    Human ResourcesInnovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Revenu Québec logo
    Tax CreditsOpen

    Tax credit for internal design in Quebec - Fashion design

    Payroll tax credit for eligible internal design activities
    Eligible Funding
    Minimum amount : 150,000 $ · Up to 24% of project cost
    Eligible Industries
    Manufacturing, Professional, scientific and technical services
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    Quebec, Canada
  • Township of Brock logo
    Tax CreditsOpen

    Tax Rebates and Reductions

    Property tax relief for eligible owners
    Eligible Funding
    Up to 40% of project cost
    Eligible Industries
    Public administration
    Types of eligible projects
    Environment and ClimateConstruction and Renovation Innovation
    Brock, Ontario, Canada
  • County of Wellington logo
    Grant and FundingTax CreditsExpert AdviceOpen

    Town of Erin Community Improvement Plan (CIP) & Wellington County Community Improvement Funding

    Funding for downtown and property improvement projects
    Eligible Funding
    Maximum amount : 20,000 $ · Up to 100% of project cost
    Eligible Industries
    Retail trade, Real estate and rental and leasing, Professional, scientific and technical services, Health care and social assistance
    Types of eligible projects
    Construction and Renovation InnovationDigital Transformation
    Erin, Ontario, Canada
  • Turn funding opportunities for innovation tax credits into strong applications

    Build a clearer funding plan and prepare stronger applications with guidance from our funding team.

  • Township of Huron-Kinloss logo
    Grant and FundingTax CreditsOpen

    Township of Huron-Kinloss Community Improvement Plan

    Supports local business and property improvements
    Eligible Funding
    Varies by project
    Eligible Industries
    Agriculture, forestry, fishing and hunting, Retail trade, Real estate and rental and leasing, Arts, entertainment and recreation
    Types of eligible projects
    CommercializationEnvironment and ClimateConstruction and Renovation InnovationDigital Transformation
    Ontario, Canada
  • Government of British Columbia (BC) logo
    Tax CreditsExpert AdviceLoans and Capital investmentsOpen

    Venture Capital Corporation

    Equity investments for BC businesses
    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
    Legal Structure
    For-profit business
    BC, Canada
  • Township of Havelock-Belmont-Methuen logo
    Grant and FundingTax CreditsLoans and Capital investmentsOpen

    Village of Havelock Community Improvement Plan (CIP)

    Financial support for Havelock property improvements
    Eligible Funding
    Maximum amount : 10,000 $ · Up to 100% of project cost
    Eligible Industries
    Construction, Retail trade, Real estate and rental and leasing, Professional, scientific and technical services
    Types of eligible projects
    Environment and ClimateConstruction and Renovation Innovation
    NB, Ontario, Canada
  • Platform

    Your AI grant expert.

    Meet Charles. An AI trained specifically for grants. Get instant answers to complex qualification questions.
  • City of Thunder Bay logo
    Tax CreditsClosed

    Discounts and Rebates (City of Thunder Bay)

    Municipal tax and water relief programs
    Eligible Funding
    Maximum amount : 1,750 $ · Up to 100% of project cost
    Eligible Industries
    Public administration
    Types of eligible projects
    Environment and ClimateConstruction and Renovation Innovation
    Legal Structure
    Non-profit
    Thunder Bay, Ontario, Canada
  • Need help applying for grants for innovation tax credits?

    Get guidance to assess program fit, required documents, and the steps involved in applying.

  • Eligible Funding
    Up to 15.000001% of project cost
    Eligible Industries
    Professional, scientific and technical services
    Types of eligible projects
    Innovation
    Legal Structure
    For-profit business
    NS, Canada
  • FABrIC logo
    Other SupportResearchers And FacilitiesPartnering and CollaborationGrant and FundingTax CreditsExpert AdviceLoans and Capital investmentsWage Subsidies And InternsClosed

    Round 2 Product Development for IoT Device Challenge

    Funding for Canadian IoT product development
    Eligible Funding
    Maximum amount : 1,000,000 $ · Up to 37% of project cost
    Eligible Industries
    Manufacturing, Transportation and warehousing, Professional, scientific and technical services, Educational services
    Types of eligible projects
    CommercializationArtificial Intelligence (AI)TechnologyInnovationDigital Transformation
    Canada
  • Investissement Québec (IQ) logo
    Tax CreditsClosed

    Capital Synergie

    Supports business investment in innovative, high-growth Quebec companies
    Eligible Funding
    Maximum amount : 225,000 $ · Up to 30% of project cost
    Eligible Industries
    Manufacturing, Information and cultural industries, Professional, scientific and technical services
    Types of eligible projects
    Artificial Intelligence (AI)TechnologyEnvironment and ClimateInnovation
    Legal Structure
    For-profit business
    Quebec, Canada