- Nova Scotia Canada - Government of Nova Scotia

Equity Tax Credit

NOTE: As announced in Budget 2019-20, the Equity Tax Credit is ending as of December 31, 2019 for private corporations and co-operatives. All applications for a Certificate of Registration must be received on or before this date for investments to qualify for the Equity Tax Credit. The Innovation Equity Tax Credit is now available for eligible private corporations.

The Equity Tax Credit for CEDIFs (Community Economic Development Investment Funds) will continue to be available after December 31, 2019.

NOTE: A corporation cannot get both an Equity Tax Credit and an Innovation Equity Tax Credit at the same time. Corporations that apply for and receive a Certificate of Registration under the Equity Tax Credit program on or after January 1st, 2019 are NOT eligible corporations in the new Innovation Equity Tax Credit program.

The Equity Tax Credit (ETC) was designed to assist Nova Scotia small businesses, co-operatives and community economic development initiatives in obtaining equity financing by offering a personal income tax credit to individuals investing in eligible businesses.


Guide for Private Corporations & Co-operatives

Guide for CEDIFs

CEDIF Historical Amounts Raised

For Investors
For Business

How to ApplyAn eligible business must make application to the Nova Scotia Department of Finance and Treasury Board to obtain a Certificate of Registration prior to issuing shares to investors. This certificate makes the specified shares eligible for the tax credit.

Pre-approval of eligibility is required. This eligibility does not constitute any approval that may be required from the Nova Scotia Securities Commission under the Nova Scotia Securities Act.

Note: Applications by CED corporations or cooperatives require community economic development plans containing the economic development strategy of the organization, the community it serves, the amount of capital to be raised by the issue, details of the type of shares to be issued and provisions for the issue of investment certificates.

The following information must be included with the application:

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Equity Tax Credit

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Elvira Dalag,
Revenue Officer
Tel:  902.424.2808

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