Global Trade Alert
Global Trade Alert

Canada (Ontario): Adoption of the 10% refundable Manufacturing Investment Tax Credit

Announcement

18 May 2023

In May 2023, the government of Canada introduced a 10% refundable Manufacturing Investment Tax Credit. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 May 2023

Revocation date:

No revocation date

Updated: 18 May 2023
Tax or social insurance relief In force
On 18 May 2023, the Governor General of Ontario granted royal assent to Bill 85 approving the 10% Ontario Investment Tax Credit for Manufacturers. Firms can obtain the tax credit for such investments ...
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