Updated August 2026 · Verified against Canada Revenue Agency (CRA) guidelines
▲ Growing ✓ First-Timer Friendly Tax Credit Offset Est. 2024
Tax Credit Federal Active

Clean Technology Manufacturing Investment Tax Credit (CTM ITC)

Canada Revenue Agency (CRA)
Maximum Credit
Up to 30% refundable tax credit (declining from 2032)
Ongoing (January 1, 2024 to December 31, 2034)
Visit Official Program →
Difficulty
Moderate
Payment
Tax Credit Offset
Trend
Growing
First-Timers
Friendly ✓
Credit rate
30%
Clean Technology Manufacturing Investment Tax Credit (CTM ITC) provides Up to 30% refundable tax credit (declining from 2032). Refundable investment tax credit of up to 30% for taxable Canadian corporations investing in machinery and equipment used primarily for manufacturing or processing clean technology, or for extracting and processing critical minerals. Applications are accepted on an ongoing basis.
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Eligibility & Details

What this program funds and who can apply

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Program Description

Refundable investment tax credit of up to 30% for taxable Canadian corporations investing in machinery and equipment used primarily for manufacturing or processing clean technology, or for extracting and processing critical minerals. Covers equipment for solar, wind, batteries, EVs, heat pumps, small modular reactors, and an expanded list of critical minerals including antimony, indium, gallium, germanium, and scandium (Budget 2025 expansion).

Eligibility Requirements

  • Taxable Canadian corporation
  • Investing in manufacturing/processing equipment for clean technology products
  • Or investing in extraction/processing equipment for critical minerals
  • Equipment must be used primarily (>50%) for eligible activities
Provinces
All Provinces
Industries
Manufacturing Clean Technology Industrial Renewable Energy
Business Stage
Growth Established Expansion

Quick Assessment

Difficulty
Moderate
Competition
Low
First-Timer
Friendly

Funding Details

Amount
Up to 30% refundable tax credit (declining from 2032)
Type
Tax Credit
Level
Federal
Credit rate
Up to 30% of eligible costs
Deadline
Ongoing (January 1, 2024 to December 31, 2034)

Program Scorecard

Competition, effort, and approval at a glance

Competition
Low
Deadline
Dec 31, 2034
Approval
Entitlement
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook

Everything you need to claim Clean Technology Manufacturing Investment ...

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How to claim

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

Budget 2025 expanded the eligible critical minerals list to include antimony, indium, gallium, germanium, and scandium.

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Success Profile

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Evaluation Criteria

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Acquire Eligible Equipment Invest in new machinery and equipment used primarily (>50%) for clean technology manufacturing/processing or critical mineral extraction/processing. Equipment must be situated in Canada and intended for exclusive Canadian use.

Required Documents 4

✓ T2 corporate tax return with applicable clean economy ITC schedule
✓ Proof of eligible manufacturing/processing equipment acquisition

Eligible Expenses 7

Ineligible Expenses 7

Claim timing

Deadline Notes

Ineligible Organizations

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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

SR&ED Tax Credits Clean Technology ITC Ontario Made Manufacturing Investment Tax Credit Accelerated Investment Incentive (CCA)
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk
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How Clean Technology Manufacturing Investment ... Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
Clean Technology Manufacturing Invest... Up to 30% refundable tax credit Moderate Tax Credit Offset Ongoing (January 1, 2024...
Ontario Made Manufacturing Investment... Up to $3,000,000 Easy Tax Credit Offset Expenditures must be...
Strategic Response Fund (formerly Str... Minimum $10 million contribution Hard Mixed (Advance + Reimb.) Ongoing — continuous...
CanExport SMEs Up to $50,000 Moderate Mixed (Advance + Reimb.) Applications accepted...
Ocean Supercluster Up to $5 million Hard Reimbursement Call-specific — no open...

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Frequently Asked Questions

Quick answers to the questions founders most often ask about Clean Technology Manufacturing Investment ...

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Can I claim equipment used for both clean tech and non-clean tech?
No — equipment must be used primarily (>50%) for eligible clean tech manufacturing or critical mineral processing. Mixed-use equipment requires careful allocation of costs to qualify.
What's the maximum credit I can get on a $2M investment?
30% of $2M = $600,000 for property that becomes available for use through 2031. The rate then steps down: $400,000 in 2032 (20%), $200,000 in 2033 (10%), $100,000 in 2034 (5%), and nothing after 2034.
Do I need to be incorporated to apply?
Yes — only taxable Canadian corporations qualify. Sole proprietors and partnerships cannot claim this refundable tax credit.
Can I stack this with Ontario's manufacturing tax credit?
Yes — Ontario manufacturers can stack the federal CTM ITC with the Ontario Made Manufacturing Investment Tax Credit (up to 10% provincial credit).
Why do claims get rejected for critical minerals?
Commonly due to not using the expanded 2025 mineral list (antimony, indium, gallium, germanium, scandium) or claiming minerals not on the official list.

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