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Budget 2024 Provides Additional Details for the Clean Electricity ITC and Adds Another ITC for Electric

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

Canada Using the Carrot Instead of the Stick to Decarbonize in Budget 2023

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

Canadian Budget Proposes New Investment Tax Credit For Carbon Capture, Utilization and Storage

The 2022 Canadian Federal Budget, released on April 7, 2022, sets the fundamental groundwork of the Government of Canada's goals for national economic development. Following Canada's announcement of its 2030 Emissions...more

Canadian Budget Proposes New Cross-border Interest Deductibility Limit

The 2021 Canadian Federal Budget, released on April 19, 2021, proposes new rules that would fundamentally alter the interest deductibility landscape for Canadian businesses. The thrust of the new rules (referred to herein as...more

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