Quebec Capital Investment Program

January 27, 2022

In Canada Quebec Energy
Industrial Company

Up to 40% in Funding Assistance Available for Companies Investing in Transformative Projects in Quebec

In the Québec Economic Plan, the provincial government announced the implementation of a program to stimulate capital investment by large industrial companies that are located in Québec. These companies can receive assistance in the form of reduced electricity costs, enabling them to recoup up to 40% of eligible project costs.  Projects starting on or after January 1, 2022 can be submitted until December 31, 2022.


Eligible Applicants

This program applies to businesses whose power consumption is 5,000 kilowatts (kW) or more and which is principally for an industrial activity. Key industries of focus include: Mining, Forestry, Oil & Gas, Manufacturing, Pulp & Paper, Iron & Steel, Chemicals and Construction.


Eligible Investments

  • The enhancement of productivity or energy efficiency through the modernization of operating procedures
  • The conversion of production processes to adapt existing products to market demand
  • Increased output to adapt supply to market demand
  • New production start-up

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At GrantMatch, we acknowledge that our headquarters are situated on the Treaty Lands of the Mississaugas of the Credit First Nation, as well as the Traditional Territory of the Haudenosaunee, Huron-Wendat, and Anishinabek people. This land is covered by the “Dish With One Spoon” wampum agreement. We respectfully recognize that these lands’ original inhabitants and caretakers are First Nation and Métis people, and we are deeply grateful to be able to work on this land. As a remote team with employees across Turtle Island, also called North America, we would like to acknowledge the importance of the land that each of our team members calls home. GrantMatch actively encourages employees to learn about the history of the land on which they are situated and their local Indigenous peoples.