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).
“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)
[email protected]
Erin Seegmiller, Communications & Admin Coordinator
Canadian Solar Industries Association
613-736-9077 (ext. 221)
[email protected]
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