The Clean Technology ITC is a refundable tax credit for capital invested in the adoption and operation of new clean technology property in Canada from March 28, 2023, to December 31, 2034.

The Clean Technology ITC rate may be up to 30% of the capital cost of clean technology property that is acquired and that becomes available for use from March 28, 2023, to December 31, 2033.

The Clean Technology ITC rate may be up to 15% for property that is acquired and that becomes available for use in 2034. The Clean Technology ITC will be unavailable after 2034.