Cleantech Updates
Feedback on cleantech ITC legislative proposal
Canada Cleantech Alliance has provided feedback regarding the 30% Clean Technology Investment Tax Credit legislative proposal. The government had presented the proposal in early August. Canada Cleantech’s submission is based on the webinar cohosted with CleanTech North and EDC discussing the proposal. It also summarizes sector input received through an advocacy survey launched in mid-August. Read the submission here.
Webinar on Sept 7: The ITC and CCUS Legislative Proposals
On August 4th, draft guidelines for two of the Clean Technology Tax Credits (CTTCs) were released: the CCUS and the Clean Technology Investment Tax Credit! Join us on September 7th as we delve into the "Legislative Proposals Relating to the Income Tax...
What’s next? Help us define our advocacy priorities.
As we are preparing next steps to advocate for the cleantech sector, including our feedback on the draft legislation for the Clean Technology Investment Tax Credit, we would like to hear from you. For which tax credits do you qualify - if any? What's missing in the...
Previous Cleantech Updates
Opportunities with European adopters: submit your solution! Opportunités en Europe : présentez votre solution!
On March 14 and 15, Canada Cleantech Alliance and Écotech Québec hosted two webinars on decarbonization and energy transition opportunities in Europe, in partnership with Export Development Canada and the Global Affairs Trade Commissioner Service....
Budget 2023: A leap toward clean growth but still work to be done
Vancouver/Calgary/Montreal/Toronto, March 28, 2023. Canada Cleantech Alliance applauds the direction the federal government is taking with the 2023 Budget. With many initiatives that will help Canada build a competitive clean economy, it is a huge step forward, but...
The global clean growth race has started. How can federal budget measures help optimize Canada’s performance?
By Maike Althaus, Executive Director, Canada Cleantech Alliance It is budget season in Canada, and the hopes and expectations preceding the 2023 federal announcement are huge. The global economy is undergoing a dramatic transition that naturally impacts Canada’s...
Budget 2023: Key policy recommendations
For the 2023 Budget, Canada Cleantech Alliance proposes the following: 1. An expansion of the 30% Investment Tax Credit (ITC)2. A Manufacturing Investment Tax Credit (MITC) modelled on the U.S. 45X MPTC and 48C ITC An open letter to Minister Freeland providing...
Make sure your technology is eligible!
The Fall Economic Statement proposed a new investment tax credit for clean technologies. The tax credit will significantly reduce capital costs and facilitate investments in cleantech. Take advantage of this mechanism that has the potential to massively spur cleantech...
The case for cleantech in mining
Last month Canada signed a hydrogen deal with Germany. In addition, the Canadian government has signed agreements with German automakers VW and Mercedes-Benz to foster Canadian-German collaboration across the EV supply chain. Both events follow a similar rationale....
Looking south: Canada’s path to clean growth
With the Inflation Reduction Act, the US Congress passed major climate legislation last week. The $369-billion bill directs significant funding toward extending and expanding tax credits for the deployment and manufacturing of a long list of clean technologies,...
Demo day concludes joint program
With a Demo Day, Canada Cleantech Alliance and the Clean Resource Innovation Network (CRIN) wrapped up the Cleantech Innovation in Oil & Gas Program. The audience consisting of cleantech as well as of oil & gas experts saw pitches from the eight program...
Applications for Arcelor Mittal’s XCarb Accelerator now open
Breakthrough technology start-ups worldwide are invited to submit applications to compete for investment from ArcelorMittal’s XCarb™ Innovation Fund, which aims to invest up to US$100 million annually in such transformative technologies, and access to ArcelorMittal’s...
Congratulations to our program participants
A jury consisting of venture capital, cleantech and oil & gas innovation experts has selected eight early stage cleantech ventures that started the "Innovation in oil & gas" training with Foresight in mid-April. Heartfelt congratulations to Jodi...