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Clean Technology (CT) Investment Tax Credit (ITC)
Offer up to 30% refundable credit for capital investments in new clean technologies in Canada
Last Update: May 28, 2026
Funding available
Up to 30% of project cost
Timeline
- Open Date : March 28, 2023
- Closing date : December 31, 2033
Location
Canada
Overview
The Clean Technology Investment Tax Credit (CII) is a refundable tax credit that offers up to 30% for capital invested in adopting and operating new clean technology assets in Canada between March 28, 2023, and December 31, 2034. Eligible activities include investments in equipment for solar, wind, and hydroelectric power generation, energy storage, geothermal systems, and zero-emission non-road vehicles.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
Eligible Funding
- Up to 30% of project cost
Timeline
- Open Date : March 28, 2023
- Closing date : December 31, 2033
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Adoption and deployment of new clean technology assets in Canada.
- Implementation of equipment for generating electricity from solar, wind, or hydro energy.
- Installation of stationary electricity storage systems that do not use fossil fuels.
- Integration of active solar heating, air-source heat pumps, or geothermal heat pumps.
- Acquisition and deployment of zero-emission off-road vehicles and related charging or refueling equipment.
Documents Needed
- Form T2SCH75 or T5013SCH75 for corporations and partnerships.
- Form T1098 for mutual fund trusts that are REITs.
- Supporting details showing how the ITC was calculated.
- T5013 slip, if the claimant is a partnership member.
Eligibility
Who is eligible?
- Taxable Canadian corporations (including those that are members of a partnership)
- Mutual fund trusts that are real estate investment trusts (including such trusts that are members of a partnership)
- Companies engaged in adopting and operating new clean technology assets in Canada
Who is not eligible
- Companies or partnerships that are not taxable Canadian corporations or certain real estate investment trusts (REITs).
- Applicants wishing to claim the same eligible property under another Clean Economy Investment Tax Credit (for example, the Carbon Capture, Utilization, and Storage (CCUS) ITC).
Eligible expenses
- Capital cost of eligible clean technology property.
- Related acquisition, installation, testing, and site preparation costs included in capital cost.
Ineligible Costs and Activities
- Preliminary work before acquisition, construction, fabrication, or installation.
- Right-of-way, permits, regulatory approvals, and environmental assessments.
- Front-end design, engineering, feasibility, and prefeasibility studies.
- Land clearing or excavation not directly related to installation.
Eligible geographic areas
- Canada
Processing and Agreement
- Claims are accepted or selected for review after filing.
- The CRA may request additional information, documents, or a meeting.
- A written summary of review findings is issued.
- If changes are proposed, the claimant has 30 days to respond.
- If the claim is accepted as filed, the decision appears on the notice of assessment or reassessment.
Additional information
- Technical and scientific information on eligible clean technology assets is available from Natural Resources Canada.
- Additional tax incentives may apply to qualifying assets under categories 43.1 and 43.2, such as accelerated capital cost allowance.
- Late submission for required information may be accepted if provided within one year after the regular filing deadline.
- If renting eligible property, specific leasing conditions and documentation must be met.
Frequently Asked Questions about the Clean Technology (CT) Investment Tax Credit (ITC) Program
Here are answers to the most common questions about the Clean Technology (CT) Investment Tax Credit (ITC). This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Clean Technology (CT) Investment Tax Credit (ITC)?
The Clean Technology Investment Tax Credit (CII) is a refundable tax credit that offers up to 30% for capital invested in adopting and operating new clean technology assets in Canada between March 28, 2023, and December 31, 2034. Eligible activities include investments in equipment for solar, wind, and hydroelectric power generation, energy storage, geothermal systems, and zero-emission non-road vehicles.
How much funding can be received?
Clean Technology (CT) Investment Tax Credit (ITC) Funds up to 30% of admissible expenses.
What is the deadline to apply?
The application deadline for this grant program is **December 31, 2033**. Applicants must submit their complete application before this date to be considered for funding.
Who is eligible for the Clean Technology (CT) Investment Tax Credit (ITC) program?
To be eligible for the Clean Technology (CT) Investment Tax Credit (ITC) program, you must:
Must be a taxable Canadian corporation (including a member of a partnership)
Capital invested in eligible clean technology property in Canada
What expenses are eligible under Clean Technology (CT) Investment Tax Credit (ITC)?
Adoption and deployment of new clean technology assets in Canada.
Implementation of equipment for generating electricity from solar, wind, or hydro energy.
Installation of stationary electricity storage systems that do not use fossil fuels.
Integration of active solar heating, air-source heat pumps, or geothermal heat pumps.
Acquisition and deployment of zero-emission off-road vehicles and related charging or refueling equipment.
Who can I contact for more information about the Clean Technology (CT) Investment Tax Credit (ITC)?
You can contact Natural Resources Canada (NRCan).
Where is the Clean Technology (CT) Investment Tax Credit (ITC) available?
The Clean Technology (CT) Investment Tax Credit (ITC) program is available across Canada.