Administered by Government of Canada · Last verified: July 2026
Refundable federal credit for capital invested in CCUS projects: capturing CO2 from industrial sources, transporting, and storing or using it. Rates range from 18.75% to 60% depending on stage.
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 eligibilityCarbon Capture, Utilization and Storage Investment Tax Credit is generally open to incorporated businesses, in any province or territory, in Manufacturing. Confirm the full criteria on the official program page before applying.
The estimated value is 18.75% to 60% of eligible CCUS investment. 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. Obtain NRCan eligibility certification 2. Document the investment 3. Claim with T2 corporate return
Annual: file with T2 return.