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Canada formalizes 30% federal ITC credit, other incentives

Canada's new policy plan mirrors the US Inflation Reduction Act (IRA), including two new input tax credits (ITCs) targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
United States Chrystia Freeland Clean Technology Clean Hydrogen Deputy Prime Minister Finance Minister Chrystia Freeland

DynaCERT and Cipher Neutron Applaud the Canadian Clean Technology Tax Incentives of Budget 2023

DynaCERT Inc. and Cipher Neutron Inc. applaud the recently announced changes proposed in the Canadian Government’s Budget of March 28, 2023 especially the inclusion of Tax Credits for... | March 30, 2023
Jean Pierre Colin Gurjant Randhawa Green Hydrogen Green Hydrogen Electrolysers Of Cipher Neutron Hydrogen Economy Toronto Stock Exchange

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dynaCERT and Cipher Neutron Applaud the Inclusion of New Clean Tech Incentives in the Canadian Government's Latest Budget

DynaCERT Inc. DYA DYFSF DMJ and Cipher Neutron Inc. applaud the recently announced changes proposed in the Canadian Government's Budget of March 28, 2023 especially the inclusion of Tax Credits for Green Hydrogen Electrolysers.
Laura Thomsonmar Cipher Neutron Inc Research Development Green Hydrogen Industry Clean Technology Green Hydrogen Electrolysers

Canada formalizes six-year 30% federal ITC credit, among other incentives

The made-in-Canada plan mirrors the U.S. Inflation Reduction Act, including two new ITCs targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
Chrystia Freeland Stefano Romanin Clean Hydrogen Canadian Infrastructure Bank Westbridge Renewable Energy Clean Hydrogen Investment Tax

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 1 A Clean Electricity Investment Tax Credit, and 2 A Clean Technology Manufacturing Tax Credit.
United States Bennett Jones Marshall Eidinger Brendan Sigalet Jason Roth Greg Johnson

Budget 2023 released, federal government announces investments in clean technology manufacturing

The Investment Tax Credit for Clean Technology Manufacturing will apply to property that is acquired and becomes available for use on or after January 1, 2024.
Chrystia Freeland Clean Technology Investment Tax Credit Investment Tax Credit For Clean Technology Manufacturing Deputy Prime Minister Chrystia Freeland Tax Credit Clean Technology

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