Real Change: A New Plan For a Strong Middle Class (page 40)

"The income tax system encourages businesses to invest in clean energy generation and energy efficiency equipment by providing accelerated capital cost allowance (CCA) rates. CCA Classes 43.1 and 43.2 include a variety of equipment that generates energy by using renewable energy sources or fuels from waste, or conserves energy by using fuel more efficiently. Budget 2016 proposes to expand eligibility for accelerated CCA in two important emerging areas: electric vehicle charging and electrical energy storage." ("Growing The Middle Class" Budget 2016-2017)

"Canada’s income tax system encourages businesses to invest in clean energy generation and energy efficiency equipment by allowing them to deduct the cost of eligible capital assets on an accelerated basis. " (Building a strong middle class, March 22, 2017)

This renewed support will increase the after-tax income of about 900 businesses. This represents on average an additional $27,000 annually over the next five years that these companies will be able to use to invest in and grow their operations while reducing their carbon footprint. Increased adoption of clean technology will help Canada’s efforts to reduce the emission of greenhouse gases and air pollutants.

(Equality Growth - A Strong Middle Class page 157, February 27, 2018)

« The Government of Canada makes clean energy projects, such as solar energy, wind energy and energy from waste, more fiscally attractive for industry by providing business income tax incentives. » 

(Tax Savings for Industry - Natural Resources Canada , October 03, 2018)