Clean Technology Manufacturing (CTM) Investment Tax Credit
Canada Revenue Agency / Natural Resources Canada
The CTM ITC rate is 30% of the capital cost of eligible property (property available for use on or before December 31, 2031); reduced to 20% in 2032, 10% in 2033 and 5% in 2034; 0% after 2034
Refundable credit for new machinery and equipment used to manufacture or process clean technologies and to extract or process key critical minerals in Canada. Supports building domestic clean-tech supply chains.
Open the official page ↗How to apply
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Who qualifies
Property used in qualifying manufacturing and processing activities, or in the extraction and processing of 11 key critical minerals. Claimants are taxable Canadian corporations (per CRA search summary; the 'Who can claim' page was not fetched directly). Labour requirements of the other credits do not apply to the CTM ITC (per CRA search summary). Property must be acquired from January 1, 2024.
Good to know
- Funding: Refundable. Bill C-15 (Royal Assent March 26, 2026) broadened mining/polymetallic eligibility and critical minerals list; July 2026 update: property can qualify if it produces primarily (more than 50%) qualifying materials by value.
- Cost share: 30% of eligible costs
- Notes: Claimant eligibility wording comes from search summary of CRA pages, not a direct fetch.
Evidence from the official page
- amount“The CTM ITC rate is 30% of the capital cost of eligible property” source ↗
- amount“The rate is reduced to 20% in 2032” source ↗
- deadline“on or before December 31, 2031” source ↗
Verified 2026-10-07 · High confidence. Always confirm on the official page before applying.