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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

Electricity Canada on Federal Budget 2023: Funding for electrification is good news

The 2023 federal budget has made critical investments that will support the expansion of Canada's electricity system to meet the needs of reaching net zero while addressing affordability for electricity customers and preserving reliability. In...
Francis Bradley Canada Growth Fund Canada Infrastructure Bank Canadian Electricity Association Smart Renewables Federal Budget

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