Administered by Government of Ontario · Last verified: July 2026
Ontario corporations that purchase eligible commercial or industrial property in designated regions get an enhanced investment tax credit on construction and renovation costs.
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 eligibilityOntario Regional Opportunities Investment Tax Credit is generally open to incorporated businesses, in Ontario. Confirm the full criteria on the official program page before applying.
The estimated value is 10% of eligible capital costs. 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. Confirm the property is in a designated region 2. Gather all capital expenditure documentation 3. File Schedule 507 with your Ontario return 4. Claim credit against Ontario taxes owed
Program expires Jan 1, 2027. Only buildings/additions available for use on or before Dec 31, 2026 qualify. File T2 Schedule 570 with your Ontario corporate return..