Child Care Centre Development Tax Credit

📋 Eligible Entities - For-profit businesses of any size - Non-profit organizations (including charities and community groups) - Corporations (federal and provincial) - Sole proprietors and partnerships operating licensed child care centres - Employers establishing workplace child care facilities - Entities must be registered in Canada and operating a licensed child care centre ### 💰 Funding Details - Credit amount: $10,000 per new infant or preschool space created - Distribution period: 5 years (approximately $2,000 annually per space) - Structure: Non-repayable tax credit (reduces tax liability) - Matching requirements: None specified - Maximum benefit: Unlimited spaces eligible for credit - Application: Applied against federal or provincial tax payable ### 🛠️ Approved Expenses - Capital costs for establishing licensed child care facilities - Construction or renovation of child care centre spaces - Equipment and furnishings for infant and preschool areas - Licensing and compliance costs to achieve licensed status - Infrastructure improvements to meet regulated child care standards - Costs must be directly tied to creating new licensed child care spaces ### ⚠️ Conditions & Milestones - Child care centre must be provincially licensed and operational - Spaces must be designated for infants or preschool-aged children - Credit claimed only for newly created spaces (not existing capacity) - Businesses must maintain the licence and space availability throughout the 5-year credit period - Failure to maintain licensing status may result in credit recapture - Documentation of licensing approval required at application - Credits cannot be transferred or sold - Subject to federal and provincial tax credit program rules and annual updates