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 rationale for these two recommendations has been signed by over 100 cleantech executives. Read more here