Alberta Government's Agri-Processing Investment Tax Credit

In a strategic move to bolster the agri-processing sector, the Alberta government announced the Agri-Processing Investment Tax Credit on February 7, 2023. This initiative is a cornerstone of Budget 2023 and aims to incentivize substantial investments in the province.

Key Features of the Tax Credit

The Agri-Processing Investment Tax Credit provides a 12% non-refundable, non-transferable tax credit. This credit targets businesses willing to invest $10 million or more in constructing or expanding value-added agri-processing facilities within Alberta. This policy is expected to attract significant capital into the region, fostering growth and innovation in the agri-processing industry, which includes dairy processing operations.

Modified: 2026/05/28

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