Administered by Government of Nova Scotia · Last verified: July 2026
This refundable Nova Scotia credit helps corporations offset the cost of large capital projects in the province. It returns 25 percent of the capital cost of qualified property acquired for an approved project, up to $100 million per project. Projects must be pre-approved and exceed $15 million in total cost, so it targets major facility builds and equipment investments.
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 eligibilityNova Scotia Capital Investment Tax Credit is generally open to incorporated businesses, in Nova Scotia, in Manufacturing. Confirm the full criteria on the official program page before applying.
The estimated value is 25% of the capital cost of qualified property, up to $100M per approved project. 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. Review the Capital Investment Tax Credit Guidelines 2. Apply for project pre-approval before acquiring property 3. Claim the refundable credit on the corporate tax return for qualified property
Qualified property must be acquired before Jan 1, 2030.