In the inaugural episode of Clean Incentives, hosts Brendan Sigalet and Derrick Osborne, alongside special guests Ashley White and Jason Roth, delve into the myriad of tax incentives available for businesses in Canada, with a focus on the newly enacted Bill C-59. This legislation introduces the Clean Economy Investment Tax Credits (ITCs), aiming to provide $93 billion in federal incentives by 2034–2035. These incentives are designed to attract investment, foster Canadian innovation, create jobs and propel Canada’s economy toward achieving net zero by 2050.
Tune in to this episode to gain invaluable insights on:
- the nuances of refundable clean technology ITCs and their transformative benefits for businesses;
- key legal considerations, including corporate and First Nation partnerships, essential for maximizing these incentives; and
- real-world insights from industry experts on structuring successful clean technology projects.
Disclaimer: During the episode when Brendan discusses the tax-exempt status of the First Nation, he is specifically referring to the income resulting from the project being exempt from tax, not the overall tax-exempt status of the First Nation.
