Month: October 2023

The Clean Technology ITC will provide a refundable investment tax credit (ITC) of up to 30% on eligible clean technology property acquired and available for use after March 27, 2023. The credit will be reduced to 15% in 2034 and fully phased out after 2034.     Source Link: https://www.canada.ca/en/revenue-agency/services/scientific-research-experimental-development-tax-incentive-program/sred-claim/investment-tax-credit.html

The Canada Greener Homes Grant provides homeowners with up to $5,000 in federal grants for energy-efficient home upgrades. Before initiating upgrades, an energy audit might be recommended or required. Only certified contractors may be eligible to perform the work, aiming not just for individual savings but also for a broader goal…