Administered by Government of Quebec · Last verified: July 2026
The Régime d'investissement coopératif is a Quebec personal income tax deduction for members and employees of an eligible cooperative or federation who buy qualifying securities the co-op issues. For securities acquired after March 25, 2025 the deduction equals 100% of the eligible investment, down from 125%, and remains capped at 30% of the holder's income. It helps eligible co-ops, including worker, agricultural, and shareholder-worker co-ops, raise capital from their members. The benefit goes to the investing member, not the co-op itself.
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 eligibilityQuebec Cooperative Investment Plan (RIC) is generally open to incorporated businesses, in Quebec. Confirm the full criteria on the official program page before applying.
The estimated value is Personal income tax deduction of 100% of eligible co-op securities, up to 30% of income. 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 cooperative is an eligible issuer under the RIC 2. Have the co-op apply for the eligibility certificate from Quebec 3. Members or employees buy qualifying securities 4. Claim the deduction on the Quebec personal tax return 5. Track the 30% of income limit
Ongoing (rate reduced to 100% for securities acquired after March 25, 2025).