Ontario Regional Opportunities Investment Tax Credit (ROITC)$50,000 - $90,000 maximum credit (10-20% of eligible expenses up to $500,000)
The Ontario Regional Opportunities Investment Tax Credit (ROITC) provides a refundable corporate income tax credit to promote economic growth and job creation in designated regions across Ontario.
Catalogue page, published under the editorial responsibility of
Chase Miller, Chief Business Development Officer and Co-Founder
Chase Miller is Chief Business Development Officer and Co-Founder of Impact Applications, the Calgary grant consultancy he co-founded in April 2023 after running Synced Digital, a web agency for Alberta startups. He works directly with the firm's clients on their federal and provincial applications and writes and reviews the program guides on this site. LinkedIn
- average funding secured per client
- $334,132 average funding secured per client
- approval rate
- 94% approval rate
About this program
The Ontario Regional Opportunities Investment Tax Credit (ROITC) provides a refundable corporate income tax credit to promote economic growth and job creation in designated regions across Ontario. Eligible Canadian-controlled private corporations can receive a 10% tax credit (enhanced to 20% for investments made between March 2021 and December 2023) on qualifying investments exceeding $50,000. The program supports construction, renovation, or acquisition of commercial and industrial buildings in both Northern and Southern Ontario designated areas. Maximum credit amounts range from $50,000 to $90,000 depending on the investment period and qualifying expenses up to $500,000.
Who is eligible
Canadian-controlled private corporations with a permanent establishment in Ontario making qualifying investments exceeding $50,000 in designated regions
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Official program pageQuestions about Ontario Regional Opportunities Investment Tax Credit (ROITC)
Who is eligible for Ontario Regional Opportunities Investment Tax Credit (ROITC)?
Canadian-controlled private corporations with a permanent establishment in Ontario making qualifying investments exceeding $50,000 in designated regions
How much does Ontario Regional Opportunities Investment Tax Credit (ROITC) provide?
$50,000 - $90,000 maximum credit (10-20% of eligible expenses up to $500,000).
What costs does Ontario Regional Opportunities Investment Tax Credit (ROITC) cover?
Acquisition, construction, and renovation costs for commercial or industrial buildings in capital cost allowance classes 1 or 6
When is the Ontario Regional Opportunities Investment Tax Credit (ROITC) deadline?
Rolling - property must become available for use after March 25, 2020 Deadline type: Rolling.
Is Ontario Regional Opportunities Investment Tax Credit (ROITC) repayable?
No. Ontario Regional Opportunities Investment Tax Credit (ROITC) is tax credit; the funding is not repaid.