No Fixed Amount
Type of Program:
The Ontario Job Creation Investment Incentive is meant to strengthen Ontario’s tax competitiveness for business investment, aiming to encourage businesses to invest in Ontario now and create jobs for the people of Ontario.
This incentive allows companies purchasing manufacturing and processing machinery and equipment and specified clean energy equipment to immediately write off the full cost of the investment.
Comments on Funding:
The incentive is an accelerated depreciation rate.
When It Ends:
Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe’s background and how he can help your business.