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TAX CREDITCLOSEDNova Scotia, New Brunswick, Newfoundland & Labrador, Prince Edward Island

Atlantic Investment Tax Credit

Administered by Provincial and territorial governments · Last verified: July 2026

Federal 10% investment tax credit on qualifying property used in Atlantic Canada for manufacturing, processing, farming, fishing, or logging. Generous federal credit on top of provincial ones.

This program has closed to new applicants

Closed to new claims. Carry-forward of unused pre-expiry credits: up to 20 tax years, filed with T2 We keep this page for reference, but we will not recommend it as a current match.

Browse programs that are openOfficial page (archived)
Estimated value
10% of qualifying property
Approval likelihood
Low
Readiness
Mostly ready
Documents needed
3

Eligibility

  • Business types:Incorporated
  • Industries:Manufacturing, Agriculture
  • Provinces:Nova Scotia, New Brunswick, Newfoundland & Labrador, Prince Edward Island

What you'll need

  • T2 with Schedule 31
  • Purchase records for eligible property
  • Proof of location of use

How to apply

  1. 1Track qualifying property purchases in Atlantic Canada
  2. 2File T2 Schedule 31
  3. 3Carry credit forward if not fully usable
After you apply

You claim this on your tax return, so the money comes back as a lower tax bill or a refund after you file. If you missed it in a past year, you can often still recover it by adjusting a prior return.

Deadline:Closed to new claims. Carry-forward of unused pre-expiry credits: up to 20 tax years, filed with T2

Is your business a fit for Atlantic Investment Tax Credit?

Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.

Check my eligibility

Common questions

Who is eligible for Atlantic Investment Tax Credit?

Atlantic Investment Tax Credit is generally open to incorporated businesses, in Nova Scotia, New Brunswick, Newfoundland & Labrador, Prince Edward Island, in Manufacturing, Agriculture. Confirm the full criteria on the official program page before applying.

How much is Atlantic Investment Tax Credit worth?

The estimated value is 10% of qualifying property. The actual amount depends on your eligible costs, the program's budget, and approval.

Is Atlantic Investment Tax Credit still accepting applications?

No. Atlantic Investment Tax Credit has closed to new applicants (Closed to new claims. Carry-forward of unused pre-expiry credits: up to 20 tax years, filed with T2). This page is kept for reference.

Related programs

TAX CREDIT

PEI Specialized Labour Tax Rebate

17% of eligible salary, up to $25,000

TAX CREDIT

Nova Scotia Capital Investment Tax Credit

25% of the capital cost of qualified property, up to $100M per approved project

TAX CREDIT

Newfoundland and Labrador Manufacturing and Processing Investment Tax Credit

10% of capital cost of eligible property (up to 40% refundable for CCPCs)

Find more funding like this

All Nova Scotia grants and creditsAll New Brunswick grants and creditsAll Newfoundland & Labrador grants and creditsAll Prince Edward Island grants and creditsManufacturing programsAgriculture programsBrowse grants by province and industry
A monthly digest

New programs, in your inbox.

Drop your email and we will send new programs, changed caps, and closing deadlines when the first digest goes out. Easy unsubscribe.

Deductly CA

The grants, tax credits, and deductions your business likely qualifies for. Ranked by fit, tied to official sources.

See what you’re owed
Product
  • Eligibility quiz
  • Website scan
  • All programs
  • Compare programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Data quality
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • Compared with the alternatives
By province
  • Ontario
  • British Columbia
  • Alberta
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  • Manitoba
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  • All provinces
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
  • All industries
For
Women entrepreneursNewcomersIndigenous businessYouth foundersBlack entrepreneursFirst-hire employers
Recent guides
Deductions · 8 min

Every deduction Canadian small businesses miss

Grants · 10 min

8 grants every Canadian business owner should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
System status

Deductly is a discovery tool, not a tax filer. Information is provided for educational purposes. Always confirm program details and eligibility with a qualified Canadian accountant before applying or claiming any benefit.