The Canadian government has introduced four new refundable investment tax credits (ITCs) to boost the clean economy and attract investment in clean energy projects. These ITCs include the Clean Technology ITC, Clean Technology Manufacturing ITC, Clean Hydrogen ITC, and the Carbon Capture, Utilization and Storage ITC, providing up to 60% credit for eligible investments made through 2040. Two additional ITCs are proposed: the Clean Electricity ITC and Electric Vehicle Supply Chain ITC, aimed at expanding Canada's green infrastructure and manufacturing. These credits became law in June 2024. Read more: https://www.fasken.com/it/knowledge/2024/10/canadas-clean-energy-investment-tax-credits-insights-as-of-october-2024