Canadian and Ontario tax credits for business and individuals

We track 28 tax credits that are open or ongoing right now (13 federal, 15 Ontario). 4 of the open or ongoing programs publish a figure of $100K or more. They are ranked below by our 0 to 100 score, which weighs how much a program pays against how hard it is to win; last checked Oct 9, 2026.

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Ranked programs

28 open, ongoing or intake-based programs, best score first.

  1. Ontario Made Manufacturing Investment Tax Credit (OMMITC) and Expanded OMMITC

    Ontario Ministry of Finance / Canada Revenue Agency

    Corporate income tax credit for investment in new manufacturing and processing buildings and machinery in Ontario. Refundable for Canadian-controlled private...

    OngoingOntarioOther incentivesLimit $3M
    67
    Top pick

  2. Scientific Research and Experimental Development (SR&ED) Tax Incentive

    Canada Revenue Agency

    Tax deduction plus investment tax credit for businesses conducting eligible R&D in Canada. Most CCPCs earn an enhanced, refundable 35% ITC up to an expenditure limit...

    OngoingFederalOther incentivesLimit $6M
    56
    Top pick

  3. Canada Workers Benefit (CWB)

    Canada Revenue Agency

    A refundable tax credit for people who are working and earning a low income. It has a basic amount and a disability supplement and is paid through the tax return.

    OngoingFederalOther incentives
    55
    Top pick

  4. Ontario Business-Research Institute Tax Credit (OBRITC)

    Ontario Ministry of Finance / Canada Revenue Agency

    Refundable credit for corporations that contract eligible Ontario research institutes (e.g. universities, colleges) to perform SR&ED.

    OngoingOntarioOther incentivesLimit $4M
    55
    Top pick

  5. Ontario Child Care Tax Credit (Ontario CARE Tax Credit)

    Ministry of Finance / Canada Revenue Agency

    Refundable credit that gives families up to 75% of eligible child care expenses back, including child care centres, home care and camps.

    OngoingOntarioOther incentivesLimit $8K
    46
    Strong

  6. Ontario Innovation Tax Credit (OITC)

    Ontario Ministry of Finance / Canada Revenue Agency

    Refundable credit on qualifying scientific research and experimental development (SR&ED) expenditures performed in Ontario by eligible corporations. Helps smaller...

    OngoingOntarioOther incentivesLimit $240K
    45
    Strong

  7. Home Accessibility Tax Credit (HATC)

    Canada Revenue Agency

    A non-refundable federal tax credit that helps homeowners cover the cost of renovations that make a home more accessible and safer for seniors and people eligible for...

    OngoingFederalOther incentivesLimit $20K
    44
    Strong

  8. Canada Training Credit

    Canada Revenue Agency

    Refundable tax credit that reimburses part of eligible tuition and fees for workers aged 26 to 65 using a limit that accrues each year they file.

    OngoingFederalOther incentivesLimit $5K
    42
    Strong

  9. Clean Technology Investment Tax Credit (ITC)

    Canada Revenue Agency / Natural Resources Canada / Finance Canada

    Refundable investment tax credit for capital invested in the adoption and operation of new clean technology property in Canada (for example solar, wind, stationary...

    OngoingFederalOther incentives
    42
    Strong

  10. Ontario Focused Flow-Through Share Tax Credit

    Ontario Ministry of Finance / Canada Revenue Agency

    Refundable personal tax credit for individuals who invest in flow-through shares of Ontario mining exploration companies, improving access to capital for junior...

    OngoingOntarioOther incentives
    41
    Strong

  11. Canadian Journalism Labour Tax Credit

    Canada Revenue Agency / Canadian Heritage

    Refundable credit on salaries and wages of eligible newsroom employees of qualifying Canadian journalism organizations producing original written news content.

    OngoingFederalOther incentivesLimit $85K
    39
    Strong

  12. Clean Technology Manufacturing (CTM) Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit for new machinery and equipment used to manufacture or process clean technologies and to extract or process key critical minerals in Canada. Supports...

    OngoingFederalOther incentives
    35
    Worth a look

  13. Ontario Research and Development Tax Credit (ORDTC)

    Ontario Ministry of Finance / Canada Revenue Agency

    Non-refundable credit that reduces Ontario corporate income tax for corporations performing SR&ED in Ontario.

    OngoingOntarioOther incentives
    35
    Worth a look

  14. Disability Tax Credit (DTC)

    Canada Revenue Agency

    A non-refundable credit that reduces income tax for people with a severe and prolonged impairment or their supporting family member. DTC approval also opens the door to...

    OngoingFederalOther incentives
    32
    Worth a look

  15. Ontario Co-operative Education Tax Credit

    Ontario Ministry of Finance / Canada Revenue Agency

    Refundable credit for employers that hire post-secondary co-op students in qualifying work placements.

    OngoingOntarioOther incentivesLimit $3K
    32
    Worth a look

  16. Clean Electricity Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit of up to 15% of capital cost of eligible clean electricity property (generation, storage, transmission), open to taxable corporations and also to...

    OngoingFederalOther incentives
    31
    Worth a look

  17. Ontario Book Publishing Tax Credit (OBPTC)

    Ontario Creates / Canada Revenue Agency

    Refundable credit for Canadian-controlled Ontario book publishers on eligible expenditures for Canadian-authored literary works.

    OngoingOntarioOther incentivesLimit $30K
    30
    Worth a look

  18. Ontario Computer Animation and Special Effects Tax Credit (OCASE)

    Ontario Creates / Canada Revenue Agency

    Refundable credit on Ontario labour costs for computer animation and digital visual effects on film and TV productions.

    OngoingOntarioOther incentives
    29
    Worth a look

  19. Film or Video Production Services Tax Credit (PSTC)

    Canadian Heritage (CAVCO) / Canada Revenue Agency

    Refundable credit for Canadian and foreign-owned production companies on Canadian labour costs of accredited film or video productions shot in Canada.

    OngoingFederalOther incentives
    26
    Worth a look

  20. Low-Income Workers Tax Credit (LIFT)

    Ministry of Finance / Canada Revenue Agency

    Non-refundable Ontario tax credit that reduces or eliminates Ontario personal income tax for low-income workers, including minimum-wage earners.

    OngoingOntarioOther incentivesLimit $875
    26
    Worth a look

  21. Ontario Interactive Digital Media Tax Credit (OIDMTC)

    Ontario Creates / Canada Revenue Agency

    Refundable credit for Ontario labour and marketing/distribution costs of interactive digital media products such as games and educational products for children.

    OngoingOntarioOther incentives
    25
    Worth a look

  22. Ontario Film and Television Tax Credit (OFTTC)

    Ontario Creates / Canada Revenue Agency

    Refundable credit on Ontario labour for Canadian-controlled production companies making qualifying film and television productions.

    OngoingOntarioOther incentives
    24
    Long shot

  23. Ontario Production Services Tax Credit (OPSTC)

    Ontario Creates / Canada Revenue Agency

    Refundable credit on qualifying Ontario production expenditures for film/TV productions, including foreign-owned service productions.

    OngoingOntarioOther incentives
    24
    Long shot

  24. Canadian Film or Video Production Tax Credit (CPTC)

    Canadian Heritage (CAVCO) / Canada Revenue Agency

    Fully refundable credit for Canadian-content film and video productions, based on qualified Canadian labour expenditures.

    OngoingFederalOther incentives
    22
    Long shot

  25. Ontario Seniors Care at Home Tax Credit

    Ministry of Finance / Canada Revenue Agency

    Refundable credit helping low- to moderate-income seniors with eligible medical expenses, including expenses that support aging at home.

    OngoingOntarioOther incentivesLimit $2K
    22
    Long shot

  26. Ontario Seniors' Public Transit Tax Credit

    Ministry of Finance / Canada Revenue Agency

    Refundable tax credit helping seniors with the cost of eligible public transit fares, including specialized transit for people with disabilities.

    OngoingOntarioOther incentivesLimit $450
    19
    Long shot

  27. Carbon Capture, Utilization and Storage (CCUS) Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit for eligible expenditures on equipment that captures CO2 for permanent storage or eligible use (such as concrete). Natural Resources Canada evaluates...

    OngoingFederalOther incentives
    17
    Long shot

  28. Clean Hydrogen Investment Tax Credit

    Canada Revenue Agency / Natural Resources Canada

    Refundable credit for capital invested in producing clean hydrogen and clean ammonia in Canada, with higher rates for lower carbon intensity.

    OngoingFederalOther incentives
    17
    Long shot

How we rank

Each program gets a score from 0 to 100 that asks how much money you can realistically get for how little work. It blends the largest published amount (loans count for less because they are repaid), how much effort an application takes, how likely an eligible applicant is to succeed and how many people qualify. Closed programs score zero and programs without a published dollar figure get a neutral value, never a guess. Scores are editorial estimates, not predictions of approval.

Questions

How many tax credits are open right now?

Of the 30 tax credits in our database, 28 are open or ongoing and 0 take applications only in intake windows. The rest are closed, paused or of unknown status, so they are not ranked on this page. Counts reflect our last check on Oct 9, 2026; programs can change without notice.

What is the largest published amount among these programs?

Scientific Research and Experimental Development (SR&ED) Tax Incentive publishes the largest figure on this page, shown as "Limit $6M". Published figures are program maximums, caps or limits, not what an applicant should expect to receive; many programs pay a share of eligible costs and amounts depend on your project and eligibility.

Which tax credits rank highest?

Right now the top three by our score are Ontario Made Manufacturing Investment Tax Credit and Expanded OMMITC (67, Top pick), Scientific Research and Experimental Development Tax Incentive (56, Top pick), Canada Workers Benefit (55, Top pick). The score combines the size of the published amount, how much work an application takes, how likely an eligible applicant is to succeed and how many people qualify.

Do I have to pay this money back?

It depends on the program. Grants and incentives are generally not repaid, loans always are, and some contribution agreements are partly or fully repayable, so read the terms of each program. Among the 28 open or ongoing programs here, 0 are in our Grants category, 0 are loans and 28 are other incentives such as tax credits and rebates.

Are these federal or Ontario programs?

13 of the 28 open or ongoing programs here come from the federal government and 15 from the Ontario government. Both levels can usually be combined, but many programs have stacking rules that cap total government funding for the same costs, so check them before you apply.

Is this an official government website?

No. Grants & Loans Finder is an independent research tool. Each program page links to the official source, and applications are always made with the government agency or lender that runs the program.

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Estimates; confirm on the official page. Independent research tool, not a government website. Data last checked Oct 9, 2026. Grants & Loans Finder.