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Canada
CanadaClean Technology Manufacturing (CTM) Investment Tax Credit (ITC)
The Clean Technology Manufacturing (CTM) Investment Tax Credit (ITC) is a refundable tax credit aimed at encouraging capital investment in clean technology manufacturing, processing, and critical mineral extraction and processing in Canada. The credit covers 30% of capital costs for qualifying assets, with phased reductions starting in 2032.
Who can apply
Canadian companies in mining, quarrying, oil and gas extraction, or manufacturing sectors investing in clean technology capital equipment and critical mineral processing.Sources
Links used by the AI to gather information about this grant.
- hellodarwin.com/business-aid/organizations/natural-resources-canada ↗
- hellodarwin.com/blog/how-to-apply-ct ↗
- albertabusinessgrants.ca/grants/clean-technology-manufacturing-ctm-investment-ta… ↗
- grantcompass.ca/grants/clean-technology-manufacturing-investment-tax-credit ↗
- www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/busi… ↗
- leyton.com/ca/en/insights/articles/clean-economy-itcs-what-they-are-how-to-claim… ↗
- www.canada.ca/en/revenue-agency/services/tax/businesses/topics/corporations/busi… ↗
- www.blg.com/en/insights/2024/ri/canadas-2024-federal-budget-update-on-green-itcs ↗