Regional Opportunities Investment Tax Credit
Tax creditOntarioUp to $45,000
A refundable corporate income tax credit for Canadian-controlled private corporations that invest more than $50,000 to construct, renovate, or acquire eligible commercial and industrial buildings in designated regions across Ontario. The credit supports business investment, economic growth, and job creation in regions that experienced low employment growth between 2009 and 2019.
What you'll need
- Proof of Canadian-controlled private corporation status
- Documentation of eligible investment expenditures
- Proof of permanent establishment in Ontario
- Property documentation showing location in designated region
- Capital cost allowance classification documentation