Getting Political: Domtar Calls On Government To Support A Biomass Investment Tax Credit - Wood Business

Getting Political: Domtar Calls On Government To Support A Biomass Investment Tax Credit - Wood Business

When the federal government introduced several new Clean Economy Investment Tax Credits (ITCs) in the 2022 Fall Economic Statement, those active in the clean energy sector had reason to get excited. These credits ranged between 15 to 30 per cent for capital invested in eligible assets. Things got even more interesting during the 2023 Fall Economic Statement, when a proposal was brought forward to include equipment that utilized waste biomass. Th…

Getting Political: Domtar Calls On Government To Support A Biomass Investment Tax Credit - Canadian Biomass Magazine

When the federal government introduced several new Clean Economy Investment Tax Credits (ITCs) in the 2022 Fall Economic Statement, those active in the clean energy sector had reason to get excited. These credits ranged between 15 to 30 per cent for capital invested in eligible assets. Things got even more interesting during the 2023 Fall Economic Statement, when a proposal was brought forward to include equipment that utilized waste biomass. Th…