Tax credits for Canadian businesses
42 tax credits are open to Canadian businesses right now, representing over $3.4M in total funding — every one checked against its official funder source.
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A tax credit reduces what your business owes — and a refundable credit pays out even when you owe nothing, which is why refundable credits are one of the few funding instruments that reach pre-revenue companies.
Credits are claimed with your corporate return rather than through an application window, so most rows on this page show no closing date: the effective deadline is your filing deadline, typically 18 months after fiscal year end. Claims are assessed on documentation kept during the year — for R&D credits, records of the technical uncertainty and the work done to resolve it.
Federal and provincial credits often apply to the same expenses — SR&ED at the federal level with a provincial program on top — and the provincial layer varies sharply, from Quebec’s broad refundable family to narrower credits elsewhere. Where the work happens changes what a claim is worth.
