This program has been retired. Please consult the Graduate to Opportunity program in its place. Amount:No Fixed Amount Type of Program:Subsidy Description:Innovate to Opportunity (ITO) is providing Nova Scotia SMEs an incentive to hire recent masters and PhD grads for jobs that are focused on research and innovation that will help businesses begin, prepare for,…
Amount:No Fixed Amount Type of Program:Tax Defferal Description:The Farm Land Identification Program provides for the deferral of provincial property taxes on eligible farmland and outbuildings to encourage the preservation of real property for agricultural use. It is open to all owners of real property. Benefits of the FLIP Program:Tax Deferral: The FLIP program allows eligible farmland…
Amount:No Fixed Amount Type of Program:Subsidy Description:The JobsNL Wage Subsidy program supports employers to create sustainable long-term employment or seasonal / short term employment. The subsidy is intended to offset salary costs to create new positions.There are two subsidy options:1JobsNL- 42 that provides a wage subsidy for 28 weeks of a minimum 42-week period of…
Amount: $ 30,000,000.00 Type of Program:Tax Credit Description:The Nova Scotia Capital Investment Tax Credit (CITC) is a 15% refundable corporate income tax credit claimed by eligible corporations for capital equipment acquired for use in Nova Scotia on or after January 1, 2015. The capital equipment must be acquired as part of an “approved project”.The CITC…
Amount: $ 112,500 Type of Program:Tax Credit Description:The Innovation Equity Tax Credit (Innovation ETC) is a non-refundable personal and corporate income tax credit available to eligible investors who invest in an approved corporation. The credit is meant to encourage investors to make equity capital investments in eligible Nova Scotia small and medium corporations engaged in…
