The Ultimate Money-Saving Resource for Construction & Service Businesses (Canadian Edition)

Stacks of coins and a hand putting a coin in a jar full of coins.

As a service or construction business, you might be wondering what programs are available to help you earn some extra cash. In Canada, there are a number of great grants and incentive programs for corporations like yours. However, finding all of the funding and tax credits that you’re eligible to receive can be pretty time-consuming and cumbersome… until now!

To make it easier, we’ve compiled the ultimate resource list for Canadian contractors to save more money this year and in the years to come. Use this list to reduce the amount of taxes that your business is required to pay and take advantage of all the assistance that’s available to help your business succeed.

Keep reading until the end of this article to learn another way businesses in the construction industry can save money and improve profitability!

Incentives, Grants, Tax Credits and Rebates for Service and Construction Businesses (by Location)

The following tax credits, rebates, incentives and grants are organized by location, starting with Canada-wide programs and followed by provincial programs. To find out whether you qualify for any of the programs listed below, simply click on the links to review the eligibility requirements and learn more about the application process.

Note: We have excluded certain provinces from this list if there is limited government support available for service and construction businesses in the area.

National Resources
Alberta Resources
British Columbia Resources
Manitoba Resources
Ontario Resources
New Brunswick Resources
Newfoundland & Labrador Resources
Nova Scotia Resources
Quebec Resources
Saskatchewan Resources
Yukon Resources

National Resources

The federal government offers the following programs for construction companies and other corporations:

Alberta Resources

British Columbia Resources

Manitoba Resources

  • Industry Expansion Program: A program that provides financial assistance for employee skills training and training program development. 
  • Sector Council Program: A funding program that helps organizations in sectors such as construction provide workforce training to support business growth. 
  • Workforce Development Program: A program that provides funding support for training and HR development. 
  • Paid Work Experience Tax Credits: Tax credits that reimburse employers for a percentage of the wages paid to recent graduates and trainee employees.
  • R&D Tax Credit: A tax credit that supports Manitoba-based businesses conducting research and development. 

Ontario Resources

New Brunswick Resources

  • Labour Force Training Program: A funding program to cover skills training costs for prospective and current employees.
  • R&D Tax Credit: A tax credit that supports New Brunswick-based businesses conducting research and development.

Newfoundland and Labrador Resources

Nova Scotia Resources

Quebec Resources

  • R&D Tax Credits:  A tax credit that supports Quebec-based businesses conducting research and development.

Saskatchewan Resources

  • Canada-Saskatchewan Job GrantA funding program that covers ⅔ of the overall training costs for employees. 
  • R&D Tax Credit: A tax credit that supports Saskatchewan-based businesses conducting research and development.

Yukon Resources

How to Save Even More Money in the Construction Industry

Three construction workers looking at a laptop on a jobsite.

Now that you have a better understanding of the funding programs, tax credits, and incentives that are available to your company, you’re already on track to improving your bottom line. As you might have noticed, many of these programs also provide incredible opportunities for business growth, allowing you to invest in more training and expand your service or construction business into new areas.

In addition to the programs outlined in this article, another way that contractors can save money and increase their profitability is through an investment in construction management software.

At Jonas Construction, we pride ourselves on being able to help service and construction businesses like yours maximize their profits with our industry-leading ERP software. Our accounting, service management, project management and operations features can help you streamline your processes, cut out tedious and unnecessary tasks and increase your productivity so your company can spend more time on billable work.

Take the next step towards better profit margins and more money in your pocket. Contact us or request a demo today!