What is the CT ITC?
A refundable tax credit for investment in new clean technology property. Unlike grants, these funds are received when you file your corporate income tax returns, regardless of your current tax position.
Directly claimable via tax return
Cash back even if taxes aren’t owed
30% Maximum Credit
Labour Requirements Apply:
Prevailing Wage: All workers paid at regional union/industry standards.
Apprenticeship: 10% of total labour hours must be by apprentices.
20% Base Credit
- Standard eligibility rules
- Minimal documentation
- Lower audit risk profile
Why Otter Energy?
We minimize your audit risk with a professional, CPA-led approach.
- Successfully supported CRA audits with zero issues.
- Our Accountants lead the audit process & documentation.
- Our processes are recognized by CRA & NRCan directly.
- We provide a full attestation package of compliance tests.
Download The Clean Technology ITC Investment Tax Credit Information PDF
ITC 2026 Information Document
Other Federal Incentives in Canada
The government is subsidizing up to 50%+ of project costs through tax mechanisms.
30% Clean Technology ITC
Refundable
The Federal Government offers a refundable tax credit for up to 30% of the capital cost of solar energy equipment. This is a direct reduction in the net price of your system.
100% Accelerated CCA
Tax Sheild
Under Class 43.1 and 43.2, you can write off the full cost of solar assets much faster than standard industrial machinery.
Save ON Energy program
Ontario
Solar generation systems with more than 10 kW and up to 1 MW of alternating current (AC) are eligible to receive $860/kW-AC to a maximum of $860,000.
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