At a glance
Exciting news for British Columbia manufacturers! The 2026 BC Budget has unveiled a new provincial incentive that makes investing in your operations more rewarding than ever. If you’re planning machinery upgrades, facility expansion, or automation projects, this is your moment. You could access up to $300,000 in refundable tax benefits while strengthening your business for the future.
As a BC manufacturer, this is a chance to modernize, scale, and stay competitive, all while benefiting from a 15% refundable tax credit on eligible capital investments.
Why this new BC tax credit matters to manufacturers
This isn’t just another tax credit, it’s a strategic opportunity to make your capital dollars go further. By supporting investment in machinery, equipment, and facilities, this incentive allows manufacturers to:
- Modernize production lines and reduce operational inefficiencies
- Automate processes to save time and improve output
- Expand capacity without dramatically increasing overhead
- Enhance competitiveness in an increasingly challenging market
Even companies without current BC income tax liabilities can benefit. With Ayming Canada’s expertise, this incentive is designed to deliver maximum value for businesses ready to invest in growth.
Who can take advantage of this BC manufacturing tax credit
If you’re a Canadian-controlled private corporation (CCPC) with operations in BC, you may qualify. Businesses that are actively manufacturing or processing goods in the province are perfectly positioned to take advantage of this opportunity.
It’s worth contacting us to find out if your company fits the criteria now, because early planning can maximize the benefits.
What investments qualify
This incentive applies to the purchase of property used primarily in manufacturing or processing goods for sale or lease, including:
- Buildings or portions of buildings used in production
- Machinery and equipment, including advanced production tools and Class 43 assets
- Other specialized equipment used directly in manufacturing or processing
Timing is key, assets must be acquired and available for use between 2026 and 2036 to qualify.
How can your business make the most of this refundable tax credit
To capture the full value of this opportunity, BC manufacturers should work with Ayming Canada’s experts, who can help structure investments strategically to maximize benefits:
- Plan ahead and confirm asset eligibility before making purchases
- Align investments with the program timeline to secure the highest credit
- Coordinate with other programs, like federal SR&ED tax credit , to boost overall returns
By taking a strategic approach with Ayming Canada’s guidance, your business can unlock up to $300,000 in benefits while strengthening operations and positioning for long-term growth.
Why BC manufacturers should act now to maximize this investment tax credit
Opportunities like this don’t come along every year. The earlier you act, the better your chance to fully leverage this 15% refundable Manufacturing & Processing Investment Tax Credit while positioning your company for modernization, automation, and growth.
With Ayming Canada’s expert guidance, you can structure your capital projects for maximum benefit, ensure compliance, and make every investment count.
If your business operates outside of BC, Ayming Canada can help you access comparable provincial investment tax credits in your region, ensuring your company can still optimize capital investments and maximize available incentives.
Learn how Ayming Canada can help you maximize this opportunity.
Ayming Expert,
Ryan Matwiy