Investment Tax Credit

You may be eligible to claim an investment tax credit (ITC) if any of the following applies:

  • you bought certain new buildings, machinery, or equipment and they were used in certain areas of Canada in qualifying activities such as farming, fishing, logging, manufacturing, or processing (for more information, go to Atlantic investment tax credit)
  • you have done work that qualifies for scientific research and experimental development (SR&ED) tax incentives (for more information, go to Claiming SR&ED tax incentives)
  • you employ an eligible apprentice for which you want to claim an Apprenticeship Job Creation Tax Credit
  • you have unclaimed credits earned in the last 10 years
  • you have received a T3 slip, showing an amount in box 41
  • you have received a 2008 version of a T5013 slip, with an amount showing in box 107, or a 2004 version of a T5013 slip, with an amount showing in boxes 38 or 138
  • you have received a T5013 slip, with an amount showing in boxes 186 or 194
  • you have received a T101 slip, with an amount showing in box 128
  • you have a partnership financial statement that allocates to you an amount that qualifies for this credit
  • you have an investment in a mining operation that allocates certain exploration expenditures to you
  • you have created licensed child care spaces for the children of your employees