Canada: Consultation on clean technology and clean electricity investment tax credits
Feedback due by March 13, 2026
The federal government is considering the introduction of a domestic content requirement for clean technology and clean electricity investment tax credits (ITCs), designed to encourage the use of Canadian-made products. As a result, the Department of Finance has released questions about the design and favourability of a domestic content requirement and is asking interested stakeholders from both the investment and manufacturing sectors to provide feedback on these questions by March 13, 2026.
The clean technology ITC offers a refundable 30% tax credit for eligible property acquired between March 28, 2023, and December 31, 2034, applicable to various clean technology systems. The clean electricity ITC provides a refundable 15% tax credit for projects initiated after March 27, 2023, and before 2035, focusing on non-emitting electricity generation and infrastructure.
Read a February 2026 report prepared by the KPMG member firm in Canada