Canada’s clean hydrogen investment tax credit becomes law, offering developers up to 40% tax rebates on project costs

The subsidies — first unveiled in November 2022 — will allow producers to claim money back on the purchase and installation of ‘eligible equipment’

Canadian Prime Minister Justin Trudeau.
Canadian Prime Minister Justin Trudeau.Photo: NurPhoto/Getty
Published 21 June 2024, 17:23Updated 21 June 2024, 17:23
CanadaSubsidiesGreen H2Blue H2Nuclear hydrogen