Investment and Innovation Tax Credit (C3i)
Refundable tax credit of 15-25% for Quebec corporations acquiring eligible manufacturing equipment, IT hardware, or management software.
About this program
The C3i is designed to encourage Quebec companies to improve operations by investing in modern equipment and technologies. The refundable tax credit varies from 15% to 25% based on the region's economic vitality (low, intermediate, or high). Eligible property includes manufacturing and processing equipment (Class 53), universal electronic data processing equipment (Class 50), eligible management software packages (Class 12), and equipment for processing minerals from outside Canada (Class 43). Property must be new and used solely in Quebec for at least 730 consecutive days.
Eligibility
Corporations with an establishment in Quebec carrying on business there during the taxation year. Excludes tax-exempt corporations, Crown corporations, aluminum production companies, and petroleum refining companies.
Requirements
- Corporation with Quebec establishment and active business there
- Property must be new (not previously used)
- Property must be used solely in Quebec for 730 consecutive days