The Community Economic Development Corporation tax credit program is offering a 30 percent tax credit to Albertans who invest in corporations registered with the program.
The corporations will then provide capital and funding to small business and co-operatives that focus on social improvement or developing rural economies.
The tax credit will support:
- Agriculture business or tourism operator developing new products for rural communities
- Business owners offering training to employees with barriers
- New owners carrying on the legacy of local-owned businesses when the previous owners retire
- Businesses offering affordable food for lower-income families
Application information, as well as other information on the program, is located here.
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