Ontario Made Manufacturing Tax Credit Expansion

• U.S. tariffs have created economic uncertainty in Ontario’s manufacturing sector, putting jobs and job creators at risk.
• Our government is taking decisive action to protect Ontario’s economy and the industries that drive it by expanding and enhancing the Ontario Made Manufacturing Investment Tax Credit for the next three years.
• This change will increase the tax credit rate for Canadian-controlled private corporations from 10 per cent to 15 per cent, as well as expanding eligibility of the tax credit to non-Canadian companies.
• This will help workers and businesses weather the economic storm by providing an overall additional $1.3 billion in supports to help manufacturers continuing investing, building, and hiring right here in Ontario.