![\"\"](\"https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4-300x200.jpeg\")
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The 2023 Canadian Federal Budget introduces several clean energy initiatives to support the transition to a low-carbon economy. These include:<\/p>\n
1. 30% refundable Clean Technology Investment Tax Credit for investments in wind, solar PV, and energy storage.<\/p>\n
2. 15% refundable Clean Electricity Investment Tax Credit for non-taxable entities’ investments in renewable energy, energy storage, and inter-provincial transmission.<\/p>\n
3. 30% refundable Clean Manufacturing Investment Tax Credit for machinery and equipment used in manufacturing clean technology and recycling critical minerals.<\/p>\n
4. 40% refundable Clean Hydrogen Investment Tax Credit for green hydrogen.<\/p>\n
5. Consultation on net-zero Transmission Project Support.<\/p>\n
6. $20 billion support for clean electricity investments through the Canadian Infrastructure Bank, with $10 billion each in Clean Power and Green Infrastructure.<\/p>\n
7. $3 billion recapitalization of the Smart Renewables and Electrification Pathways (SREPs) program.<\/p>\n
8. Enhanced commitment to carbon-price stability through the Canada Growth Fund, managed by the Public Sector Pension Investment Board.<\/p>\n
9. $3.9 billion investment over five years to support building retrofits, with $1.6 billion for low-income households.<\/p>\n
10. $5 billion Clean Energy Fund to support research and development of clean energy technologies, including carbon capture and storage, hydrogen, and advanced nuclear.<\/p>\n
11. $1.3 billion investment over five years to support electric vehicle charging stations and other zero-emission vehicle infrastructure.<\/p>\n
12. $1.4 billion over five years for the Just Transition Fund to create new jobs in the clean energy sector and support workers in industries transitioning away from fossil fuels.<\/p>\n
These initiatives show Canada’s commitment to tackling climate change and reaching its net-zero emissions target by 2050.<\/p>\n
Contact us to learn more about our partnership and how we can help you save money while reducing your carbon footprint.<\/p>\n
Contact Gary Gillis at\u00a0www.beacontron.com<\/a>\u00a0sales@beacontron.com<\/a>\u00a0289-635-3164 for more information and advice.<\/p>\n Please Like and Repost if you found this helpful.<\/p>\n Beacontron is a Global Leader in Solar Energy Products and Services.<\/p>\n #sustainability<\/a>\u00a0#solar<\/a>\u00a0#cleantech<\/a><\/p>\n The 2023 Canadian Federal Budget introduces several clean energy initiatives to support the transition to a low-carbon economy. These include: 1. 30% refundable Clean Technology Investment Tax Credit for investments in wind, solar PV, and energy storage. 2. 15% refundable Clean Electricity Investment Tax Credit for non-taxable entities’ investments in renewable energy, energy storage, […]<\/p>\n","protected":false},"author":1,"featured_media":58,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_uag_custom_page_level_css":"","_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"uagb_featured_image_src":{"full":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4.jpeg",320,213,false],"thumbnail":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4-150x150.jpeg",150,150,true],"medium":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4-300x200.jpeg",300,200,true],"medium_large":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4.jpeg",320,213,false],"large":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4.jpeg",320,213,false],"1536x1536":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4.jpeg",320,213,false],"2048x2048":["https:\/\/beacontron.com\/blog\/wp-content\/uploads\/2023\/04\/clean-4.jpeg",320,213,false]},"uagb_author_info":{"display_name":"admin7","author_link":"https:\/\/beacontron.com\/blog\/author\/admin7\/"},"uagb_comment_info":0,"uagb_excerpt":" The 2023 Canadian Federal Budget introduces several clean energy initiatives to support the transition to a low-carbon economy. These include: 1. 30% refundable Clean Technology Investment Tax Credit for investments in wind, solar PV, and energy storage. 2. 15% refundable Clean Electricity Investment Tax Credit for non-taxable entities’ investments in renewable energy, energy storage,…","_links":{"self":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/29","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/comments?post=29"}],"version-history":[{"count":4,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions"}],"predecessor-version":[{"id":60,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/posts\/29\/revisions\/60"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/media\/58"}],"wp:attachment":[{"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/media?parent=29"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/categories?post=29"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/beacontron.com\/blog\/wp-json\/wp\/v2\/tags?post=29"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<\/p>\n","protected":false},"excerpt":{"rendered":"