TAX CREDITOntario

Ontario Regional Opportunities Investment Tax Credit

Last verified: June 2026

Ontario corporations that purchase eligible commercial or industrial property in designated regions get an enhanced investment tax credit on construction and renovation costs.

See if I qualify Official page

Estimated value

10% of eligible capital costs

Approval likelihood

Medium

Ready to apply score

70/100

Documents needed

Eligibility

Business types:incorporated
Industries:All industries
Provinces:Ontario

What you'll need

Property deed or lease for Ontario location
Construction or renovation invoices
CT23 Ontario corporate return
Schedule 507 (Regional Opportunities)

How to apply

1Confirm the property is in a designated region
2Gather all capital expenditure documentation
3File Schedule 507 with your Ontario return
4Claim credit against Ontario taxes owed

Deadline: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.

Is your business a fit for Ontario Regional Opportunities 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

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TAX CREDITOntario

Ontario Regional Opportunities Investment Tax Credit

Last verified: June 2026

Ontario corporations that purchase eligible commercial or industrial property in designated regions get an enhanced investment tax credit on construction and renovation costs.

See if I qualify Official page

Estimated value

10% of eligible capital costs

Approval likelihood

Medium

Ready to apply score

70/100

Documents needed

Eligibility

Business types:incorporated
Industries:All industries
Provinces:Ontario

What you'll need

Property deed or lease for Ontario location
Construction or renovation invoices
CT23 Ontario corporate return
Schedule 507 (Regional Opportunities)

How to apply

1Confirm the property is in a designated region
2Gather all capital expenditure documentation
3File Schedule 507 with your Ontario return
4Claim credit against Ontario taxes owed

Deadline: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.

Is your business a fit for Ontario Regional Opportunities 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

TAX CREDIT