The Government of Canada advanced its clean energy agenda in the 2024 Fall Economic Statement (FES 2024) by expanding and providing further guidance on several key clean economy investment tax credits (ITCs) designed to...more
In Budget 2024, the Government of Canada continued their drive to implement government incentives aimed at decarbonizing the economy through providing further clarification and design details for the Clean Electricity...more
4/22/2024
/ Canada ,
Clean Energy ,
Clean Tech ,
Electric Vehicles ,
Electricity ,
Energy Projects ,
Environmental Social & Governance (ESG) ,
Federal Budget ,
Green Energy ,
Green Technology ,
Sustainability ,
Tax Credits
On Tuesday, December 20, 2023, the Federal Government delivered an early Christmas gift for clean hydrogen and clean manufacturing related businesses (and tax practitioners) by releasing proposed legislation for the...more
On August 4, 2023, the Federal Government released proposed legislation for the Clean Technology Investment Tax Credit (Clean Tech ITC), as proposed by the 2022 Fall Economic Statement (the 2022 FES) and as modified by Budget...more
The Government of Canada continued their drive to decarbonize the economy through the use of the carrot rather than the stick in Budget 2023 by announcing two new investment tax credits...more
3/31/2023
/ Canada ,
Clean Energy ,
Clean Tech ,
Electricity ,
Energy Projects ,
Federal Budget ,
Green Finance ,
Green Technology ,
Hydrogen Power ,
Investment ,
Tax Credits
Key Highlights -
- Proposed 30 percent refundable Clean Technology Investment Tax Credit.
- Proposed refundable Clean Hydrogen Investment Tax Credit.
- Further details and consultations are forthcoming.
-...more
11/16/2022
/ Canada ,
Clean Energy ,
Climate Change ,
Corporate Taxes ,
Energy Sector ,
Hydrogen Power ,
Investment Tax Credits ,
Sustainability ,
Sustainable Finance ,
Sustainable Projects ,
Tax Planning