Whit & Ham

Title: Expand the Clean Technology Investment Tax Credit to include equipment that produces electricity, heat, or both from waste biomass. Details: The 2023 Fall Economic Statement sought to expand the 30 percent Clean Technology Investment Tax Credit to equipment that produces electricity, heat, or both from waste biomass. In August 2024, Finance Canada announced legislative amendments to the Income Tax Act that would have implemented the 2023 FES biomass provision – yet that amendment lapsed with Parliament’s prorogation. By restoring this amendment and layering in a refundable credit for additional low-carbon fuels, the government can unlock private investment, create skilled jobs in communities across the country, and drive the Government of Canada’s ambitions of economic competitiveness and industrial decarbonization.

"Carbon Dioxide Removal Policy and Tax Incentives in Canada" Engagement with federal officials regarding the design of tax incentives to support additional carbon dioxide removal (CDR) pathways, including mineralization, as well as related federal policies affecting CDR deployment, procurement, and regulatory frameworks in Canada.

Policies and programs to incentivize carbon dioxide removal in Canada.