Economic development incentives

Alberta

Canada

BLS & Co. periodically revises the state incentive pages to ensure our firm is providing the most current information on legislative and regulatory developments affecting available programs. Updates will be posted in the near future. In the interim, please call BLS & Co. with any questions at 609.924.9775 or reach out via email at info@BLSstrategies.com.

BLS & Co. periodically revises the state and province incentive pages to ensure our firm provides the most current information on legislative and regulatory developments affecting available programs. Please contact the BLS & Co. team at 609.924.9775 or email info@BLSstrategies.com for more information on the Northwest Territories, Yukon and Nunavut.

TAX CREDITS

Agri-processing Investment Tax Credit (APITC): Nonrefundable tax credit of 12% eligible capital expenditures for facilities involved in agricultural processing.

DIRECT FINANCIAL ASSISTANCE

Innovation Employment Grant (IED): Grant available to eligible small and medium-sized businesses to offset research and development (R&D) costs. It provides an 8% payment for eligible R&D spending up to the corporation’s base level of spending and an enhanced 20% payment of spending that exceeds the company’s base spending level. Firms with $50 million or more in taxable capital are not eligible to receive the grant.

TRAINING INCENTIVES

Canada-Alberta Job Grant:  Under the Canada-Alberta Job Grant, employers receive up to two-third of direct training costs per employee up to a maximum of $15,000 per employee per year. Individual employers will have a cap of $300,000 for the amount of grant funding they can receive per fiscal year.

LOCAL INCENTIVES

Opportunity Calgary Investment Fund: Discretionary cash grant available to projects locating in Calgary. A total of $100 million is available to catalytic projects to support high-growth and high-wage industries.

Last Updated: July 2023

Tax Credits

Tax Exemptions

Grant and Financing Programs

Special Zoning

Job Training


Financing & Financial Assistance

Local Incentives


Other Programs

Interested in Learning More?

Contact us today at 609.924.9775 or info@blsstrategies.comto schedule an initial incentives strategy consultation.
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