Question 1

What is MITC (Manitoba Manufacturing Investment Tax Credit) and who is it for?

Accepted Answer

For most qualified manufacturing/processing plant, machinery, and equipment: 8% credit (7% refundable + 1% non-refundable), claimed on T2 corporate tax return, for property acquired on/after July 1, 2019. CONFIRMED CHANGE effective 2026-07-01 (Bill 51, The Budget Implementation and Tax Statutes Amendment Act, 2025): for equipment newly designated RST-exempt, the purchaser instead gets the retail sales tax (RST) exemption upfront at the point of purchase, plus only the 1% non-refundable ITC component (not the 7% refundable component) — legislated, not a guess. Carry-forward 10 years / back 3. ⚠️ Claimed by the client's accountant on the annual tax return — not a grant application. Typical applicant: Manitoba manufacturers — refer to accountant for T2 filing

Question 2

Who qualifies for MITC?

Accepted Answer

Corporation with Manitoba permanent establishment acquiring qualified M&P plant, machinery, or equipment For property NOT designated RST-exempt: 8% total credit (7% refundable + 1% non-refundable), for property acquired on/after July 1, 2019 CONFIRMED via Bill 51 (2025): for RST-exempt property acquired on/after 2026-07-01, the mechanism changes to RST exemption at purchase + 1% non-refundable ITC only (not the 7% refundable component) — this is real, legislated, not the prior 'unconfirmed' flag The main Corporate Tax Credits overview page (gov.mb.ca) has not yet been updated to describe the RST-exempt mechanism — Bill 51 itself is the authoritative source for that piece until the page catches up ⚠️ Claimed on T2 tax return — handled by accountant, not a grant application

Question 3

Is MITC currently open for applications?

Accepted Answer

⚠️ T2 tax return — refer client to their accountant. The 2026-07-01 RST-exemption mechanism is confirmed via Bill 51 (web2.gov.mb.ca/bills/43-2/b051e.php), which defines: "'ITC percentage' means 1% in relation to the capital cost of an RST-exempt property and 8% in relation to the capital cost of any other qualified property." Ask the accountant which category the client's specific equipment falls into.