Administered by Government of British Columbia · Last verified: July 2026
BC refundable credit for shipbuilders and ship repair businesses on apprentice wages. Niche but extremely generous within the BC marine industry.
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.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityBC Shipbuilding and Ship Repair Industry Tax Credit is generally open to incorporated businesses, in British Columbia, in Manufacturing. Confirm the full criteria on the official program page before applying.
The estimated value is 20% of eligible apprentice salaries. The actual amount depends on your eligible costs, the program's budget, and approval.
Claimed on a return, so a missed year can usually be recovered by amending. How far back depends on whether you file personally or as a corporation; confirm the eligible years with your accountant.
1. Maintain registered apprentices 2. Document eligible wages 3. File BC Schedule 426 4. Receive refund
Annual: file with BC corporate return. Credit applies to eligible salary/wages paid before January 1, 2027.
20% of wages up to $4,000 basic, plus completion and enhanced amounts up to $6,000
TAX CREDIT15% of eligible expenditures, up to $2 million in expenditures per property
TAX CREDIT17.5% of eligible labour costs