CA 
England
Estonia
Turkiye
Clean Economy Incentives
Accelerate Clean Growth. Maximize Tax Savings
Clean Economy Investment Tax Credits
Speed up Canada’s transition to net-zero by rewarding businesses that invest in clean technologies.
Four Eligible Categories:
- What’s Covered: Technologies that trap CO₂ emissions from factories or power plants and store/repurpose them.
- Example: A cement plant installs carbon capture systems to cut emissions by 50%.
- What’s Covered: Renewable energy projects like solar farms, wind turbines, or geothermal systems.
- Example: A farm installs solar panels to power operations, reducing reliance on fossil fuels.
- What’s Covered: Production of hydrogen and ammonia using low-emission methods (e.g., electrolysis).
- Example: A refinery produces clean hydrogen for fuel cells using renewable energy.
- What’s Covered: Mining critical minerals (e.g., lithium, cobalt) or building clean tech components (e.g., EV batteries).
- Example: A factory manufactures solar panel parts using recycled materials.
- Project Type
- CCUS
- Clean Technology
- Clean Hydrogen
- Clean Tech Manufacturing
- Full Credit Rate: Pay workers prevailing wages (local standard rates) and hire apprentices for 10% of labor hours.
- Non-Compliance Penalty: Credit rate drops by 10%, and fines apply for wage violations.
- Eligible Activities: Commercializing carbon capture, hydrogen tech, or circular economy innovations.
- Funding: Up to 40% of project costs (max $10M).
- Example: A cleantech firm received $5M to pilot a plastic-to-fuel conversion system.
- Eligible Activities: Retrofits, renewable energy adoption, or waste reduction.
- Funding: 25–75% of costs (max $5M).
- Example: A factory cut emissions by 40% with $2M LCEF funding for solar panels.
- Eligible Activities: Energy-efficient systems, automation, or vertical farming tech.
- Funding: Up to 50% of costs (max $200,000).
- Example: A lettuce producer automated climate control with $150,000 GTN support, cutting energy use by 35%.
- Eligible Activities: Scaling clean tech R&D or commercializing new products.
- Funding: Up to 80% of costs (max $1M+).
- Example: A startup develops a low-cost EV battery with federal support.
1 - Carbon Capture, Utilization, and Storage (CCUS)
2 - Clean Technology
3 - Clean Hydrogen
4 - Clean Technology Manufacturing
Credit Rates:
Labour Requirements:
Business Expansion Grants
Complement tax credits with non-repayable grants to fund innovation and growth:
