Budget 2024 Provides Additional Details for the Clean Electricity ITC and Adds Another ITC for Electric

In Budget 2024, the Government of Canada continued their drive to implement government incentives aimed at decarbonizing the economy through providing further clarification and design details for the Clean Electricity investment tax credit the Clean Electricity ITC, and through providing an additional tax credit for electric vehicle manufacturers in the form of the EV Supply Chain ITC the EV ITC.

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