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Deductions · 8 min

Every deduction Canadian small businesses miss

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TAX CREDITAll of Canada

Carbon Capture, Utilization and Storage Investment Tax Credit

Last verified: June 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.

See if I qualifyOfficial page
Estimated value
18.75% to 60% of eligible CCUS investment
Approval likelihood
Medium
Ready to apply score
75/100
Documents needed
4

Eligibility

  • Business types:incorporated
  • Industries:Manufacturing
  • Provinces:All of Canada
  • Min revenue:$2,000,000

What you'll need

  • CCUS project plan and engineering specs
  • Equipment invoices
  • Natural Resources Canada eligibility certification
  • T2 corporate return

How to apply

  1. 1Obtain NRCan eligibility certification
  2. 2Document the investment
  3. 3Claim with T2 corporate return
Deadline:Annual: file with T2 return

Is your business a fit for Carbon Capture, Utilization and Storage 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

Related programs

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Apprenticeship Job Creation Tax Credit

Up to $2,000 per apprentice per year

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Clean Technology Investment Tax Credit

30% of eligible clean technology investment

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Clean Hydrogen Investment Tax Credit

15% to 40% of eligible clean hydrogen investment

A monthly digest

New programs, in your inbox.

We are in beta. Drop your email and we will write when the first digest is ready. Monthly cadence, easy unsubscribe.

Deductly CA

Every Canadian grant, tax credit, and deduction your business qualifies for. In one ranked list.

Start the assessment
Product
  • Eligibility quiz
  • All programs
  • Watch (live changes)
  • The funding journey
  • When to apply
  • Stackability map
  • Document checklist
  • Calculators
  • Tracker
  • Learn
  • Pricing
Resources
  • For accountants
  • Public API
  • RSS feed
  • What's new
  • Roadmap
  • Press
  • vs ChatGPT
  • vs Benefits Finder
By province
  • Ontario
  • British Columbia
  • Alberta
  • Quebec
  • Manitoba
  • Saskatchewan
By industry
  • Technology & Software
  • Manufacturing
  • Retail & E-commerce
  • Food & Beverage
  • Professional Services
  • Creative & Media
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 founder should know about

Deductions · 7 min

The Small Business Deduction, fully explained

© 2026 DeductlyPrivacyTermsAboutFrançaisContact
All systems operational

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.