Programs and Incentives
Community Enterprise Development Tax Credit
The Community Enterprise Development Tax Credit (CEDTC) provides a refundable Manitoba tax credit of up to 45% to individuals and corporations who acquire equity capital in community-based enterprises in Manitoba. There is no minimum investment requirement for companies or individual investors, but each investor is limited to 10% or less of the total tax credit issuance. Corporations must be pre-approved to issue shares and must demonstrate that they are:
- A Cooperative incorporated under The Cooperatives Act or a taxable Canadian Corporation incorporated under The Corporations Act;
- Assets are used in active business;
- Net and gross assets are less than $10 million and $25 million, respectively; and
- Less than 200 full-time equivalent employees, at least 25% of which reside in Manitoba;
Approved corporations have a $3 million lifetime limit on shares issued.
Investors can invest a maximum of $60,000 per year.
For more information:
- Application (PDF)
- The Income Tax Act (Manitoba) – sections 11.8 to 11.12
- Regulation to The Income Tax Act – Community Enterprise Development Tax Credit
Available in alternate formats upon request.
Submit applications to:
Economic Programs Branch
1010 - 259 Portage Avenue
Winnipeg, MB R3B 3P4
General Email: ecdevprograms@gov.mb.ca
General phone number: 204-945-7343
