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    • Mission and Vision
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    • Strategic Priorities
  • Membership
  • News and Media
    • Press Releases
    • CanSIA in the News
  • Resources
    • Solar in Ontario
    • Market Intelligence >
      • Clean Energy Map
      • Natural Resources Canada
      • Solar PV
      • Solar Heating and Cooling
  • Publications
    • Policy Briefs and Submissions
    • SOLutions Magazine
    • Fire Safety Handbook
  • Events
    • Upcoming Events
    • Game Changer Awards
  • Go Solar
    • Guide Books and Tools

CanSIA Welcomes 2025 Extension for Solar Energy Accelerated Depreciation in Federal Budget 2018

28/2/2018

 
Ottawa, Ontario, February 28, 2018  - The Federal Government continues to build on Canada’s national climate action and clean growth efforts with the proposal to extend the Accelerated Capital Cost Allowance (ACCA) for energy efficiency and clean energy technology by five years in the Business Income Tax Measures in Federal Budget 2018.  ACCA is an important tax policy previously scheduled to sun-set in 2020 that enables businesses who make investments in technologies such as solar energy to defer taxation to later years thus enabling them to better manage their energy costs and encouraging them to make lower-carbon investments.
 
“The extension of this important provision will provide certainty for the clean energy sector and a clear signal that the Federal Government remains committed to supporting Canada’s transition to a lower-carbon energy future” said John Gorman, President & CEO, Canadian Solar Industries Association (CanSIA).
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​For more information or for interview opportunities, please contact:
Erin Seegmiller, Communications & Admin Coordinator
Canadian Solar Industries Association
613-736-9077 (ext. 221)
​eseegmiller@cansia.ca
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    Canadian Solar Industries Association (CanSIA) is a national trade association that represents the solar energy industry throughout Canada. Since 1992, CanSIA has worked to develop a strong, efficient, ethical and professional Canadian solar energy industry with capacity to provide innovative solar energy solutions and to play a major role in the global transition to a sustainable, clean-energy future. Follow CanSIA on Twitter and like us on Facebook. 

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On July 1, 2020, CanSIA and the Canadian Wind Energy Association (CanWEA) united within the Canadian Renewable Energy Association to form one voice for wind energy, solar energy and energy storage in Canada. To explore the new multi-technology association, go to www.renewablesassociation.ca! ​
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