Manitoba Manufacturing Investment Tax Credit

The Manufacturing Investment Tax Credit supports businesses by provided an eight per cent tax credit (seven per cent refundable and a one per cent non-refundable) that acquire qualified plant, machinery and equipment for first-time use in manufacturing or processing in Manitoba.

Grant Deadline

2025-03-27

Funding Amount

9% of expense

Type of Grant

Tax Credit

Sectors

Food Processing, Manufacturing

Demographics

Incorporation

For Profit

Perks

Region Restriction

This grant is restricted to whole of Canada

Keywords

Age Restriction

This grant is age restricted from 18 to 100

Eligibility and Requirements

Corporations earn a nine per cent tax credit (for eligible property acquired on or after April 12th, 2017 but before July 1 2019) or an eight per cent tax credit (for eligible property acquired on or after July 1st, 2019) which can be applied against Manitoba corporate income tax payable in the year earned, with unused credits available for a ten-year carry-forward. This credit is 7/8 refundable and 1/8 non-refundable with respect to qualified property acquired on or after July 1st, 2019. This credit is 8/9 refundable and 1/9 non-refundable with respect to qualified property acquired on or after April 12, 2017 but before July 1, 2019. This program is administered by Canada Revenue Agency on behalf of Manitoba. 

In addition to the above, the Manufacturing Investment Tax Credit includes equipment under class 43.1. Class 43.1 includes (for a firm's own consumption) equipment used to produce energy from renewable sources and equipment that uses energy more efficiently. Class 43.2 Assets also qualify for the credit.

An income tax election allowing taxpayers to renounce, in whole or in part, the Manufacturing Investment Tax Credit is provided. 

For more information on the Manufacturing Investment Tax Credit, contact the Manitoba Tax Assistance Office, Manitoba Department of Finance. 

Grant Application website

https://www.gov.mb.ca/finance/business/ccredits.html#mbmitc

Contact

Manitoba Government Inquiry

204-945-3744

1-866-MANITOBA

(1-866-626-4862)