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Canada Investment Tax Credits Clean Energy

Bennett Jones LLP

2025 Canadian Infrastructure Trends

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The Canadian infrastructure space saw significant volumes of projects announced and transacted in 2024, primarily driven by government incentivizes and the development of eligible projects through the investment tax credit...more

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Government of Canada Releases Proposed Legislation for Clean Hydrogen ITC and Clean Manufacturing ITC

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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

Stikeman Elliott LLP

2023 Fall Economic Statement: Clean Economy Measures

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On November 21, 2023, the Department of Finance of Canada released its Fall Economic Statement (the “Economic Statement”). The Economic Statement proposes updates to certain measures to grow Canada’s clean economy previously...more

Stikeman Elliott LLP

Canada’s 2023 Fall Economic Statement

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On November 21, 2023, the Canadian Department of Finance (“Finance”) released its 2023 Fall Economic Statement (“FES 2023”). The focus of FES 2023 was on affordability measures, particularly with respect to housing. New...more

Stikeman Elliott LLP

Proposed Legislation Released for New Green Investment Tax Credits

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On August 4, 2023, the Department of Finance (“Finance”) released a substantive piece of draft legislation for a number of investment tax credits previously announced by Finance and aimed at renewable and clean energy sectors...more

Stikeman Elliott LLP

Clean Energy Incentives: August 4, 2023 Legislative Proposals Relating to the Income Tax Act and Regulations

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On August 4, 2023, the Department of Finance of Canada released significant legislative proposals relating to the federal government’s proposed measures to grow Canada’s clean economy. The release includes the draft...more

Pillsbury Winthrop Shaw Pittman LLP

Canadian Government Moves Forward on Major Clean Hydrogen Investment Tax Credit

The credit was included in the 2023 Budget Proposal, and if passed by Parliament will provide an ITC of up to 40% for eligible clean hydrogen projects. Canada’s recently introduced 2023 budget includes $17.7 billion CAD...more

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The Government of Canada Releases its 2023-2024 Federal Budget

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On March 24, President Joe Biden met with Canada’s Prime Minister Justin Trudeau, bringing a message of economic integration and shared commitments. The President’s remarks to the Canadian Parliament made that clear that...more

Bennett Jones LLP

Canadian Investment Tax Credits for Clean Technologies and Clean Hydrogen Announced in 2022 Fall Economic

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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

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