• Federal • Provincial • Municipal
Canadian businesses that invest in expansion, technology upgrades, and operational improvements can pursue government grants, subsidies, and tax credits towards their costs. While some range from $10,000 to $50,000 in a direct payment from the government, other government funding can go into the millions.
Government funding can be used for building expansion and new location additions, inventory expansion, staff additions, IT projects, and other initiatives that will grow your business in Canada and internationally.
Funding can run from 40-75% of all implementation costs.
Recent Federal and Provincial grants and low costs loans have expanded in coverage to offset some of the US tariff costs. Regional in nature, business programs get updated seasonally and can vary by market as well as grant vs loan %.
Specialty programs such as the Scientific Research & Experimental Development (SR&ED) tax credit offered by the federal government are hugely popular with across the IT and manufacturing community.
And once these projects are underway, labour subsidies are always available.
Land Development and Municipal Housing Programs
Land Development and Municipal housing programs are available for residential housing projects. Federal and Provincial subsidies have recently become available to reduce development services charges while many municipalities offer subsidies for affordable housing or Senior’s housing.
Our land development team can assist with land acquistion and funding, design and permit approval including environmental assessment issues in less time than many projects over the years have been known to take.
SRED Program
Selected government initiatives such as the SRED program can be leveraged offset operational costs annually. The SRED program provides a tax incentives to foster innovation and technology advancements in Canada.
Subsidies provided by this program can be up to 30% of all applicable costs.