Payment Options
Humanoid robots are a significant investment. Here are the financing options available to Canadian businesses, from outright purchase to Robot-as-a-Service.
Full upfront cost
Best for: Businesses with capital budget and long-term deployment plans.
$500–$15,000 CAD/month
Best for: Businesses wanting to preserve capital with an option to buy.
$5,000–$15,000 CAD/month
Best for: Pilot programs, seasonal needs, and risk-averse organizations.
Humanoid robots may qualify for CCA Class 53 (50% declining balance) or accelerated first-year deduction under the Accelerated Investment Incentive. Consult your accountant for classification.
If you're using robots for R&D, the Scientific Research and Experimental Development program offers 15–35% tax credits on eligible expenditures. One of the most generous R&D incentives in the world.
Many provinces offer manufacturing modernization grants. Ontario's Advanced Manufacturing Fund, Quebec's Productivité Innovation, and Alberta's Innovation Fund may apply to robot deployments.
The Business Development Bank of Canada offers loans specifically for technology adoption by SMEs. Favourable rates for automation equipment including humanoid robots.
We can connect you with our financing partners and help you find the best option for your situation.
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