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Applications open for Alberta Agri-processing Investment Tax Credit program

Applications open for Alberta Agri-processing Investment Tax Credit program

The program provides a 12 per cent non-refundable tax credit

By Diego Flammini
Staff Writer
Farms.com

Alberta is accepting applications for a new tax credit program.

Corporations investing $10 million or more to build or expand agri-processing facilities in the province are eligible to apply for the Agri-processing Investment Tax Credit (APITC).

The program, which minister of agriculture and irrigation Nate Horner introduced in February, provides a 12 per cent non-refundable tax credit to businesses meeting the $10 million threshold.

The program “is an incredible opportunity that will diversify our economy and help eligible corporations from across North America and the world expand their operations, save money and grow their agri-food processing business here in Alberta,” Horner said in an April 24 statement.

Applying for the APITC occurs in two stages.

The first is to apply for conditional approval.

Applicants are required to prepare and submit an investment plan and engineering estimate.

Once conditional approval is granted, successful applicants must submit a progress report every 180 days until the completion of the project.

The second step in the application process is to apply for the tax credit certificate.

This happens after the new or expanded facility is up and running.


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Before trade and tariffs dominated the conversation, taxation was one of the biggest issues on farmers’ minds last year. From the carbon tax to capital gains, OFA worked with the Canadian Federation of Agriculture and provincial partners to push for fair, practical solutions. We saw progress on carbon tax relief and capital gains, and we continue to advocate for modernized farm tax programs at both the provincial and federal levels.

OFA works to represent the interests of Ontario farmers to all levels of government. Renew your Farm Business Registration (FBR) by March 1/26 and choose OFA so we can continue to support Ontario farmers and their businesses.