The Nova Scotia Capital Investment Tax Credit (CITC) is a highly beneficial program that has been specifically designed to drive economic growth and development within the province. This tax credit provides significant financial advantages to eligible corporations that choose to invest in capital equipment for approved projects located in Nova Scotia.

By participating in the CITC program, eligible corporations can gain access to up to $30 million in funding. This substantial financial support can be instrumental in fueling growth, expansion, and innovation within the Nova Scotia business landscape. Whether it's upgrading existing infrastructure, investing in cutting-edge technologies, or diversifying product streams, the CITC program aims to provide the necessary resources to enable corporations to thrive in a competitive marketplace.

The Investments in Forest Industry Transformation (IFIT) program facilitates the adoption of transformative technologies and products in the Canadian forest sector by bridging the gap between development and commercialization. The program aims to create a more competitive, resilient, and environmentally sustainable sector with a focus on innovative, low-carbon projects that result in new or diversified revenue streams.

As part of its 2023 renewal, the IFIT program will increase its efforts to help improve the environmental performance of the forest sector by supporting demonstration and adoption projects that contribute to the decarbonization of industrial processes, as well as the efficient use of resources that generates more value from the same amount of wood. In addition to continuing to fund projects that produce renewable energy and sustainable bioproducts, IFIT will seek to invest in projects that integrate technologies leading to greater energy efficiency and explore bioenergy carbon capture in forest sector operations. These investments will enable the next wave of innovation, solidifying Canada’s position as a leader in forest sector transformation.

The New Construction of Energy Efficient Facilities - Capital (NCEEF-C) program aims to support Canadian communities to implement projects that propose to reduce greenhouse gas emissions. This combination of loan and grant funding is designed for capital projects that will create transformative change in the energy, transportation, waste, water, and/or land use sectors. 

Proposed projects submitted to FCM-NCEEF-Capital will be highly innovative and impactful, and have the potential to address environmental challenges. This funding opportunity intends to support projects that target net-zero energy performance in new municipal facilities. This may include but is not limited to administration buildings, police stations and fire halls, recreation centres and arenas, and wastewater treatment plants.

This program aims to support eligible free-standing meat plants and provincially licensed abattoirs by providing funding for equipment upgrades to improve efficiency and productivity. As part of the Sustainable Canadian Agricultural Partnership, the MPCII will prioritize projects that promote food safety and strengthen Ontario's presence in the global market.

The Agricultural Water Infrastructure Program will help the sector in adapting to climate change by providing incentives for the sector to invest in water infrastructure for adaptation.

The Agricultural Water Infrastructure (AWI) Program is a three-year, up to $20M program, with funding by the Government of BC through the Ministry of Agriculture & Food. The program is delivered by IAF. Through the program, primary and Indigenous Producers, conservation groups, water purveyors and Indigenous Communities will have access to cost-shared funding to adapt to climate change by investing in water infrastructure.

The SDF Program (an EO initiative) launched in February 2021 as a response to the impacts of the COVID-19 pandemic. The SDF Program has continued to focus on investing in enhancements to training, workforce development, and program delivery for workers in Ontario. The SDF Program aims to ensure a resilient workforce by supporting access to the labour market and/or the retention and capacity building of workers in emerging and in-demand sectors and sectors experiencing labour market challenges.

Building on the success of the original Operating Stream of the SDF Program, the Government of Ontario has established the SDF Capital Stream to provide major capital investments to build new training centres, upgrade existing training centres or convert existing facilities into training centres with state-of-the-art design and technology. This includes facility renovations, retrofits, expansions, conversions, repairs and building construction. The SDF Capital Stream supports projects that enable education and skills development, enhance training capacity and delivery, and facilitate economic growth in emerging and in-demand sectors of Ontario’s economy and sectors experiencing labour
market challenges.

The design principles of the SDF Capital Stream support capital investment and the use of risk management strategies to ensure prudent use of public funding.

The following are SDF Capital Stream design principles:

The Ontario Forest Biomass Program has been developed to enable the province to achieve the objectives set out in Sustainable Growth: Ontario’s Forest Sector Strategy and the provincial Forest Biomass Action Plan (FBAP). In particular, the program will focus on supporting initiatives that secure and increase long-term wood utilization across the province, focusing on underutilized species and forest biomass.

The establishment of the program is part of Ontario’s commitment to the development and use of wood and forest biomass to deliver economic benefits to Ontarians while helping to reduce emissions and address climate change.

The program has four streams that will position Ontario as a growing circular and green economy leader.

• Indigenous bioeconomy partnerships stream: Increase Indigenous participation in forest biomass opportunities and benefit from bioeconomy development.
• Exploring biomass pathways stream: Improve public and private sector understanding of the technical, financial, scientific and operational considerations for use of forest biomass.
• Innovative bioproduct manufacturing stream: Deploy innovative bioproducts and facilitate increased use of forest biomass as a feedstock in manufacturing, infrastructure, energy services and resource extraction sectors.
• Modernization stream: Support forest sector transformation, competitiveness, and participation in emerging bioeconomy opportunities through use of forest biomass.

The Rural Transit Solutions Fund seeks to help Canadians living in rural and remote areas get around their communities more easily for their day-to-day activities, and connect with other communities nearby.

People living in rural, remote, Northern, and Indigenous communities often depend on private vehicles for transportation and often lack access to transit options. Additionally, people without access to private vehicles or who are unable to drive are isolated from essential services or are unable to travel with ease within their own community or to visit nearby communities.

The Rural Transit Solutions Fund is the first federal fund to target the development of transit solutions in rural and remote communities. Launched in 2021, the Fund provides $250 million in federal funding over 5 years to support the development of locally-driven transit solutions that will help people living in rural communities get to work, school, appointments, and to visit loved ones.