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...
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...
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...
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....
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,...
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...
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...
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...
Toronto, April 22, 2022. Canada Cleantech Alliance welcomes the expansion of Transport Canada’s incentive program for ZEVs (Zero Emission Vehicles). By raising the rebate cap for cars and adding a new category, the program now offers incentives for larger cars,...
Canada Cleantech Alliance held their Annual General Meeting (AGM) on April 12, 2022. As a result the organization welcomes three new board members: Joe Allen, Managing Director, Energia Ventures; Alison Crumblehulme, CEO, Innovation Guelph and Merran Smith, Founder...