Don’t Be a Casualty of ITC Recapture

Don’t Be a Casualty of ITC Recapture

  Investment tax credits (“ITCs”) are used to incentivize the construction and operation of certain types of real estate and energy assets. However, ITCs carry with them the possibility of recapture (i.e., clawback) in the case of certain events. In this article, we...
Canadian Clean Technology Investment Tax Credit

Canadian Clean Technology Investment Tax Credit

On November 30, 2023, Deputy Prime Minister and Minister of Finance Chrystia Freeland tabled Bill C-59 in the House of Commons (the “Bill”). The Bill includes legislation to implement the new Clean Technology Investment Tax Credit (“ITC”) first introduced in Budget...