Renewable Energy Tax Credits 2024 Canada. The ct itc is a refundable tax credit for capital invested in the adoption and operation of new clean technology (ct) property in canada from march 28, 2023, to. As referenced in budget 2024, the federal government is delivering, on a priority basis, a suite of major economic investment tax credits, representing $93 billion in incentives.

As referenced in budget 2024, the federal government is delivering, on a priority basis, a suite of major economic investment tax credits, representing $93 billion in incentives. Domestically, bipartisan support for the inflation reduction act means the landmark climate legislation will not be wholly repealed, but tax credits for expanding renewable energy.