Tax & Incentives


British Columbia maintains a global reputation as a great place to do business through strong fiscal management, a stable economy, and streamlined pro-business regulations. In British Columbia, labour, utility, and facility costs are generally lower than most top North American locations, as are corporate income tax rates. Combined with a dependable legal system, British Columbia is the optimal location for business opportunities in North America and around the world.

Competitive Advantages:

  • Lower labour, power, and facility costs, compared to other major North American urban centers, make British Columbia, Canada an attractive destination for business.
  • BC has the lowest provincial personal income taxes in Canada for individuals earning up to $125,000 and among the lowest general corporate income taxes in the G7.
  • BC has streamlined its regulations, giving you more time to focus on running your business.
  • British Columbia takes pride in strong fiscal management and a stable, business-friendly economy.


COEDC Business Financing Guide: A compilation of financing resources and business incentives for Central Okanagan businesses.

City of Kelowna Developer Incentives: The City of Kelowna has several incentives available to encourage alignment with the City’s strategic priorities for urban development.

Work BC Incentives & Tax Credits: Business in BC may qualify for a variety of attractive financial incentives. If you’re starting or expanding a business in BC, visit WorkBC to find out how these programs could help you.

Ministry of Finance Corporate Tax Income Credits: There are many Federal and Provincial tax credits available for businesses that qualify based on industry. The B.C. Ministry of Finance publishes a comprehensive list of these tax credits.

Trade and Invest British Columbia: Provides a list of of tax credits and programs targeting specific sectors of the economy as well as Canadian federal government programs and incentives.


Other notable programs that are non-sector specific Include: