TAX CREDITS

Agri-processing Investment Tax Credit (APITC): Nonrefundable tax credit of 12% eligible capital expenditures for facilities involved in agricultural processing.

DIRECT FINANCIAL ASSISTANCE

Innovation Employment Grant (IED): Grant available to eligible small and medium-sized businesses to offset research and development (R&D) costs. It provides an 8% payment for eligible R&D spending up to the corporation’s base level of spending and an enhanced 20% payment of spending that exceeds the company’s base spending level. Firms with $50 million or more in taxable capital are not eligible to receive the grant.

TRAINING INCENTIVES

Canada-Alberta Job Grant:  Under the Canada-Alberta Job Grant, employers receive up to two-third of direct training costs per employee up to a maximum of $15,000 per employee per year. Individual employers will have a cap of $300,000 for the amount of grant funding they can receive per fiscal year.

LOCAL INCENTIVES

Opportunity Calgary Investment Fund: Discretionary cash grant available to projects locating in Calgary. A total of $100 million is available to catalytic projects to support high-growth and high-wage industries.

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Last Updated: July 2023