Budget 2023
Key Policy Recommendations
At a glance: Increase competitiveness, level the playing field, secure domestic manufacturing
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
Why is this important?
Both mechanisms combined fill an important policy gap which can prevent Canada’s world-leading cleantech companies from moving their businesses and manufacturing activities to the U.S.
- Cleantech tax incentives are crucial for clean growth as they increase the flow of private capital into cleantech and support decarbonization efforts without increasing costs for industry.
- The two suggested tax incentives will help Canada keep pace with other jurisdictions, especially the U.S., and keep our cleantech manufacturers in the country.
- They will benefit both emerging and established clean technologies and strengthen Canada’s cleantech sector – a strategic and fast-growing global sector.
Signatories
Martin Vroegh, CEO, Hydrogenii
John Zambakkides, President & CEO, Z3 Controls Inc
Richard Corley, Partner, Goodmans LLP
Ibraheem Khan, CEO, Smarter Alloys
Robert Napoli, CFO, Cascadia Seaweed Corp.
Gavin A Pitchford, Executive Director, Canada’s Clean50
Paul Mertes, President & CEO, CircuitMeter Inc.
Miriam Tuerk, Co Founder & CEO, Clear Blue Technologies Inc.
Tasha Nathanson, Founder/CEO, 7 Leagues Leather
Logan JM Ashley, Owner, Adaptive Homes
Richard Egli, CEO, Alacrity Canada
Amir Akbari, CEO, anessa
Scott Atkinson, Publisher, Annex Business Media
Paul Stevers, President & CEO Integrated ClimateTech (iClimateTech)
Osayuki Osazuwa, CEO, Jeosal Materials Research Corporation
Randy Rutherford, Project Development Lead, Kanin Energy
Boyd Davis, Principal, Kingston Process Metallurgy Inc.
Michael Dennis, General Partner, Last40 Ventures
Ticia Heward, President & CEO, Legacy Watercare Innovations
Sasha Rollings-Scattergood, VP, Technology, Anaergia Inc.
Ray Paiement, CEO / Founder, FORM – PolarBlock
Jenn Billesberger, Executive Director / Founder, FORM – PolarBlock
Tim Sutherns, President, Digital Water Solutions Inc.
Maxim Bergeron, CEO,Glacies Technologies
Ahmad Ghahreman, CEO, Cyclic Materials
Colin Patterson, Director of Finance, Borealis Wind
Philippe Leclerc, Directeur de projet Services, LAh S.E.N.C.
Yuri Mytko, Chief Marketing Officer, CarbiCrete
Nikoo Asadi, Director of Operations, MacKinnon Bennett & Company Inc.
Jesse Teichman, Partner, MacKinnon, Bennett & Co.
Valérie Bridger, Director, Communication & Marketing, DBO Expert
Bryan Watson, SVP, Venbridge
John Kozak, COO, Solar Flow-Through Funds
Bryan Duarte, Managing Partner, BlackTech Capital
Nima Alib, CEO, BKR Energy
Ivette Vera-Perez, President & CEO, Canadian Hydrogen and Fuel Cell Association
Mike Warren, Dir. Business Development (Mining), EnviroLeach Technologies Inc.
Jeanette Jackson, CEO, Foresight Canada
Peter McArthur, Chair, Ontario Clean Technology Industry Association (OCTIA)
Denis Leclerc, President, Écotech Québec
Stewart Elgie, Chair, Smart Prosperity Institute
Christian Carrier, Vice-président, Technology & Innovation, Carboniq inc.
Aaron Morrison, President & CEO, Chaoticwaters Inc.
Martin J Yuill, Executive Director, Cleantech Commons at Trent University
Graham Schmidt, CFO, CVTCorp
James Larsen, CEO, e-Zinc
Graham Clarke, Director, Finance and Operations, Ecosystem Informatics Inc.
Connie Ekelund, CEO, NanoTerraTech Advanced Materials Inc.
Nani Pradeepan, Managing Director, New Dawn Energy Solutions
Robert Murphy, CEO, Othersphere
Sasan Pasha, CEO, SensoDrive Technology
Fabian de la Fuente, CEO, Solaires Entreprises Inc.
Joseph Hundert, CEO, Sustainitech Inc.
Arman Ghasaei, Founder and CEO, EdgeTunePower Inc.
Jacques Lapierre, CEO, BGI Analytics
Michel Laforest, Président, WASTE ROBOTICS
Guy Painchaud, Président, Eolectric
Kathleen Dubé, Business Development, Groupe Ramo
Peter Ficocelli, CEO, LxNGen Inc
Thomas Boisvert St-Arnaud, Vice-president, Induktion
Gaëtan HUGOT, President, Splitom
Vincent Paradis, Business, Development Director, HRVST Limited
Colin Armstrong, President & CEO, HTEC
Saul Muskin, Senior Associate, MacKinnon, Bennett & Co.
Ian Chodikoff, Director, buildNEXT
Sylvain Bertrand, COO, Airex Energy
Alexander Rink, CEO, Rink Ventures
Eric Beaupré, President and CEO, Technosub
Richard Cloutier, Associé directeur, Fonds Ecofuel I SEC
Christie Sirois, Associate, MKB
Francois Byrne, CEO, Hybrid Power Solutions
Azam Khan, CEO, Trax
Lauren McGuire, VP Relationship Management, RBCx
Bryan Watson, Managing Director, CleanTech North
C. Howie Honeyman, CEO, Forward Water Technologies
Terry Mocherniak, Managing Director, Apex Capital Advisors Inc.
Hui Huang Hoe, Executive Director, elerGreen Industry
Merran Smith, Executive Director, Clean Energy Canada
James Aein, CEO, Enerza Inc
Ralph, CEO, Farment
Cam Baker, CEO, Fortress Control Inc
Martin Pochtaruk, President, Heliene Inc
Kristy Ehman, CEO, Hyon Software Inc
Patrick Lemieux, CEO, INHUB FARMS
Timothy Davies, CEO, Innervsion Wellbore Technologies
Peter Vinall , CEO, SUSTANE TECHNOLOGIES INC.
Bhupinder Bhullar, CEO, Swiss Vault
Carter Li, CEO, SWTCH Energy Inc.
Kahlil Baker, CEO, Taking Root
Denis Sirois, VP, Telesystem Ltd
Trevor Burgess, CEO, VoltSafe Inc.
Elisa Obermann, Executive Director, Marine Renewables Canada
Pierre Carabin, CTO and Chief Strategist, PyroGenesis Canada Inc.
Floréal Villanova, CEO,Solutions Otonomi
David Clarke, Head, Government Affairs, TMX Group
Mustapha Ouyed, Vice-Président Exécutif, Groupe ONYM
Dr S. Steven Petrone, CEO, Quantiam Technologies Inc.
Richard Legault, CEO,Eocycle Technologies inc.
Janice Tran, CEO, Kanin Energy Inc.
Marie Josée Lamothe, President, Northex Environnement inc
Michel Brutti, CEO, Clear Skies Investment Management
Vivian Koen, Partner, MacKinnon, Bennett & Co.
Antonio Galan, CEO, AllGaea Technologies Inc.
Claude Maheux-Picard, CEO, Centre de transfert technologique en écologie industrielle
Mitchell Scott, CEO, The Better Butchers
ASHLEY DROBOT, Business Development, DEEP EARTH ENERGY PRODUCTION
Marty Reed, Partner, Evok Innovations
Bryan Duarte, President & CEO, Enliten Energy Services Corporation
Kostyantyn Khomutov, CEO, GBatteries
Signing Organizations
