Last verified: June 2026
Introduced in Budget 2026, this refundable credit gives B.C. manufacturers 15% back on new buildings, machinery, and equipment used mainly for manufacturing or processing goods in the province. It applies to eligible property acquired after March 31, 2026, with claims capped at expenditures of up to $2 million per property. The business must be a Canadian-controlled private corporation with a permanent establishment in B.C.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibility20% of eligible apprentice salaries
TAX CREDIT20% of wages up to $4,000 basic, plus completion and enhanced amounts up to $6,000
TAX CREDIT17.5% of eligible labour costs