Is Your Company Eligible for the Clean Economy ITC?
Canada has enacted five Clean Economy Investment Tax Credits. Whether your company qualifies depends on what you are building, manufacturing, or producing. This article provides a high-level eligibility screening for each credit. Published February 2025.
Quick Eligibility Screen
- Clean Technology ITC — Are you installing solar panels, wind turbines, battery storage, small-scale hydro, geothermal, or zero-emission heating equipment? → Likely eligible
- Clean Electricity ITC — Are you a utility or independent power producer investing in non-emitting generation or transmission infrastructure? → Potentially eligible (subject to provincial rules)
- Clean Technology Manufacturing ITC — Are you manufacturing clean technology equipment or processing critical minerals for clean technology applications? → Potentially eligible
- CCUS ITC — Are you capturing CO2 from an industrial process and storing it geologically or using it in an eligible application? → Potentially eligible
- Clean Hydrogen ITC — Are you producing hydrogen with lifecycle emissions below 4 kg CO2e per kg H2? → Potentially eligible (rate depends on carbon intensity)
Full ITC Eligibility Guide | Contact LCAB for a project eligibility assessment