(Start date, phase-out start date and end date)
Clean Economy ITC Expenditure Timelines
2040
31 Dec
2034
31 Dec
2034
1 Jan
2033
1 Jan
2032
1 Jan
2031
1 Jan
2024
16 April
2024
1 Jan
2023
28 March
2022
1 Jan
¤
¤
“Available for use” rules defer ITC claim until year in which property is actually “available for use”.
Limited to projects that did not begin construction before March 28, 2023. Separate rules applicable to Crown corporations.
November 21, 2023 for expansion to support using waste biomass to generate heat and electricity.
BM
BM
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CCUS
Clean Hydrogen
Clean Electricity
EV Supply Chain
Manufacturing
Clean Technology
Clean Technology
