Public Statements regarding Environmental Effects
| Measure | Announcement | Location of Announcement* Page number of public statement on environmental effects is in parentheses |
Link to PDF Documents Containing Announcements |
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|---|---|---|---|---|---|---|---|
| Investment Tax Credit for Clean Technologies | Fall Economic Statement | Fall Economic Statement 2022, p. 80-81, (81) | Fall Economic Statement 2022 | ||||
| Flow-Through Shares and Critical Mineral Exploration Tax Credit – Lithium from Brines | Budget 2023 | Budget 2023, p. 116 Tax Measures: Supplementary Information, p. 35 (35) | Budget 2023 Tax Measures: Supplementary Information | ||||
| Clean Technology Investment Tax Credit – Geothermal Energy | Budget 2023 | Budget 2023, p. 91 Tax Measures: Supplementary Information, p. 24 (24) | Budget 2023 Tax Measures: Supplementary Information | ||||
| Investment Tax Credit for Carbon Capture, Utilization, and Storage | Budget 2023 | Budget 2023, p. 93-94 Tax Measures: Supplementary Information, p. 30-34 (34) | Budget 2023 Tax Measures: Supplementary Information | ||||
| Investment Tax Credit for Clean Technology Manufacturing | Budget 2023 | Budget 2023, p. 83-84 Tax Measures: Supplementary Information, p. 27-29 (29) | Budget 2023 Tax Measures: Supplementary Information | ||||
| Investment Tax Credit for Clean Hydrogen | Budget 2023 | Budget 2023, p. 88-89 Tax Measures: Supplementary Information, p. 19-23 (23) | Budget 2023 Tax Measures: Supplementary Information | ||||
| Investment Tax Credit for Carbon Capture, Utilization, and Storage | Budget 2022 | Budget 2022, p. 97-98 Tax Measures: Supplementary Information, p. 20-24 (24) | Budget Plan 2022 Tax Measures: Supplementary Information | ||||
| Clean Technology Tax Incentives – Air-Source Heat Pumps | Budget 2022 | Budget 2022, p. 95 Tax Measures: Supplementary Information, p. 24-26 (26) | Budget Plan 2022 Tax Measures: Supplementary Information | ||||
| Critical Mineral Exploration Tax Credit | Budget 2022 | Budget 2022, p. 66 Tax Measures: Supplementary Information, p. 26-27 (27) | Budget Plan 2022 Tax Measures: Supplementary Information | ||||
| Flow-Through Shares for Oil, Gas, and Coal Activities | Budget 2022 | Budget 2022, p. 99 Tax Measures: Supplementary Information, p. 27-28 (28) | Budget Plan 2022 Tax Measures: Supplementary Information | ||||
| Supporting Business Investments | Budget 2021 | Budget 2021, p. 134, 614-616 (616) |  Budget Plan 2021 |
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| Lower Home Energy Bills Through Interest free Loans for Retrofits | Budget 2021 | Budget 2021, p. 177-178 | Budget Plan 2021 |
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| Green Bond Framework | Department of Finance Canada's news release | Department of Finance Canada's website | Canada publishes Green Bond Framework in advance of inaugural issuance | ||||
| Launching a World-Leading Canada Growth Fund | Budget 2022 | Budget 2022, p. 60-61 | Budget Plan 2022 |
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| Business Investment in Zero-Emission Automotive Vehicles and Equipment | Department of Finance Canada's news release | Department of Finance Canada's website | Business Investment in Zero-Emission Automotive Vehicles and Equipment | ||||
| Northern Residents Deductions | Budget 2021 | Budget 2021, p. 216, 593-596 (596) | Budget Plan 2021 |
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| Rate Reduction for Zero-Emission Technology Manufacturers | Budget 2021 | Budget 2021, p. 161-162, 617-620 (620) | Budget Plan 2021 |
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| Accelerated Capital Cost Allowance for Clean Energy Equipment | Budget 2021 | Budget 2021, p. 162-163, 620-628 (628) | Budget Plan 2021 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Fall Economic Statement | Fall Economic Statement 2018, p. 62, 80, (62) | Fall Economic Statement |
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| New Business Tax Incentives | Fall Economic Statement | Fall Economic Statement 2018, p. 54-61, 79-80, 153-156 (156) | Fall Economic Statement |
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| Supporting Business Investment in Zero-Emission Vehicles | Budget 2019 | Budget 2019, p. 82-83, 376-379 (379) | Budget Plan 2019 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2018 | Budget 2018, p. 120 Tax Expenditures: Supplementary Information, p. 14 (14) |
Budget Plan 2018 Tax Measures: Supplementary Information |
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| Extension of accelerated capital cost allowance Class 43.2 to property acquired before 2025 | Budget 2018 | Budget 2018, p. 155 Tax Expenditures: Supplementary Information, p. 22-23 (23) |
Budget Plan 2018 Tax Measures: Supplementary Information |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2017 | Budget 2017, p. 93 Tax Expenditures: Supplementary Information, p. 11-12 (12) |
Budget Plan 2017 Tax Measures: Supplementary Information |
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| Extending clean energy tax preferences to a broader range of geothermal projects and expenses | Budget 2017 | Budget 2017, p. 100 Tax Expenditures: Supplementary Information, p. 19-21 (20) |
Budget Plan 2017 Tax Measures: Supplementary Information |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2016 | Budget 2016, p. 126 Tax Expenditures: Supplementary Information, p. 15-16 (16) |
Budget Plan 2016 Tax Measures: Supplementary Information |
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| Extend accelerated capital cost allowance Classes 43.1 and 43.2 to electric vehicle charging stations and energy storage equipment | Budget 2016 | Budget 2016, p. 152 Tax Expenditures: Supplementary Information, p. 21-24 (22, 24) |
Budget Plan 2016 Tax Measures: Supplementary Information |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2015 | Budget 2015, p. 211-212, 474, (Backgrounder) | Budget Plan 2015 |
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| Canadian Exploration Expense treatment for certain environmental studies and community consultation expenditures | Budget 2015 | Budget 2015, p. 212-213, 474, (Backgrounder) | Budget Plan 2015 |
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| Accelerated capital cost allowance for assets used in facilities that liquefy natural gas | Canada Gazette, Part II, SOR/2015-117, May 29, 2015 | 1493-1501, (1499) | Canada Gazette, Part II, Vol 149, No. 12, June 17, 2015 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2014 | Budget 2014, p. 146, 322-323 (323) | Budget Plan 2014 |
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| Expansion of accelerated capital cost allowance Class 43.2 to include water-current energy equipment and a broader range of equipment used to gasify eligible waste | Budget 2014 | Budget 2014, p. 160-161, 336-338 (337) | Budget Plan 2014 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2013 | Budget 2013, p. 137, 339 (339) | Budget Plan 2013 |
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| Expansion of accelerated capital cost allowance Class 43.2 to include a broader range of biogas production equipment and equipment used to treat gases from waste | Budget 2013 | Budget 2013, p. 246, 350-352 (351) | Budget Plan 2013 |
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| Reduction of the rate at which pre-production mine development expenses may be deducted for tax purposes | Budget 2013 | Budget 2013, p. 151-152, 353-354 (354) | Budget Plan 2013 |
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| Phase-out of the accelerated capital cost allowance for capital assets used in new mines and major mine expansions | Budget 2013 | Budget 2013, p. 151-152, 353-356 (356) | Budget Plan 2013 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2012 | Budget 2012, p. 100, 392 (392) | Budget Plan 2012 |
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| Expansion of accelerated capital cost allowance Class 43.2 to include a broader range of bioenergy equipment | Budget 2012 | Budget 2012, p. 185, 403-405 (404) | Budget Plan 2012 |
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| Phase-out of the Corporate Mineral Exploration and Development Tax Credit | Budget 2012 | Budget 2012, p. 119, 406-407 (407) | Budget Plan 2012 |
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| Phase-out of the Atlantic Investment Tax Credit for investments in the oil & gas and mining sectors | Budget 2012 | Budget 2012, p. 118, 407-409 (409) | Budget Plan 2012 |
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| Amendment of the Income Tax Act and the Income Tax Regulations for the Atlantic Investment Tax Credit to include certain electricity generation equipment and clean energy generation equipment used primarily in an eligible activity | Budget 2012 | Budget 2012, p. 409-410 (410) | Budget Plan 2012 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2011 | Budget 2011, p. 63, 288 (288) | Budget Plan 2011 |
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| Expansion of accelerated capital cost allowance Class 43.2 to include equipment that generates electricity using waste heat | Budget 2011 | Budget 2011, p. 87, 304-307 (307) | Budget Plan 2011 |
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| Extending qualifying environmental trust rules to pipelines | Budget 2011 | Budget 2011, p. 87-88, 308-310 (309) | Budget Plan 2011 |
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| Aligning the deduction rates for intangible expenses in oil sands projects with those in the conventional oil and gas sector | Budget 2011 | Budget 2011, p. 88, 310-312 (312) | Budget Plan 2011 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through shares investors | Budget 2010 | Budget 2010, p. 97, 359 (359) | Budget Plan 2010 |
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Expansion of accelerated capital cost allowance Class 43.2 to include:
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Budget 2010 | Budget 2010 p. 105, 359-363 (362, 363) | Budget Plan 2010 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through share investors | Budget 2009 | Budget 2009, p. 184, 318, (319) | Budget Plan 2009 |
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| Temporary 100-per-cent capital cost allowance rate for computers | Budget 2009 | Budget 2009, p. 167, 321, (322) | Budget Plan 2009 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through share investors | Budget 2008 | 2008 Budget Plan p. 160, 284 (284) | Budget Plan 2008 |
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Expansion of accelerated capital cost allowance Class 43.2 to include additional:
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Budget 2008 | 2008 Budget Plan p.166, 298, 299, 300 (299, 301) | Budget Plan 2008 |
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Expansion of accelerated capital cost allowance Class 43.2 to include:
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Budget 2007 | 2007 Budget Plan, p. 64, 412 (412) | Budget Plan 2007 |
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| Phase-out of accelerated capital cost allowance for oil sands projects | Budget 2007 | 2007 Budget Plan, p. 64, 408 (409) | Budget Plan 2007 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through share investors | Budget 2007 | 2007 Budget Plan, p. 244, 403 (404) | Budget Plan 2007 |
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| Green Levy on fuel inefficient automobiles | Budget 2007 | 2007 Budget Plan, p.69, 436 (65) | Budget Plan 2007 |
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| Regulations amending the Income Tax Regulations to provide a deduction for mining taxes | Budget 2003; and
Canada Gazette, Part II, October 4, 2006 (similar statement released in Part I, December 24, 2005) |
2003 Budget Plan, p. 146
Canada Gazette, Part II, Vol 140, No. 20, October 4, 2006, p. 1325 (1327) |
 Budget Plan 2003
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| Elimination of capital gains tax associated with donations of ecologically sensitive land | Budget 2006 | 2006 Budget Plan, p. 123, 231 (231) | Budget Plan 2006 |
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| Tax Credit for Public Transit Passes | Budget 2006 | 2006 Budget Plan, p. 116, 229 (116) | Budget Plan 2006 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through share investors | Budget 2006 | 2006 Budget Plan, p. 79, 223 (223) | Budget Plan 2006 |
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| Regulations amending the Income Tax Regulations (Canadian Renewable and Conservation Expense) to broaden the application of capital cost allowance Class 43.1 | Budget 2001; Budget 2003; and Canada Gazette, Part II, December 28, 2005 | 2001 Budget Plan, p. 128, 223
Canada Gazette Part II Vol. 139 No. 26 December 28, 2005, p. 3179 (3181) |
Budget Plan 2001 Budget Plan 2003Canada Gazette Part II Vol. 139 No. 26 December 28, 2005 |
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| Expansion of accelerated capital cost allowance Class 43.2 to include equipment used in the pulp and paper sector to produce energy from spent pulping liquor | 2005 Economic and Fiscal Update | November 2005 Economic and Fiscal Update, p. 136, 227 (227) | Economic and Fiscal Update 2005 |
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Link to additional public statement re: forestry bioenergy measure |
Budget 2006 | 2006 Budget Plan, p. 117, 239 (117) | Budget Plan 2006 |
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Link to additional public statement re: forestry bioenergy measure (RIAS) |
Canada Gazette, Part II, November 1, 2006 (similar statement released in Part I, June 10, 2006) | Canada Gazette, Part II, Vol 140, No. 22, November 1, 2006, p. 1597 (1598) | Canada Gazette Part II, Vol 140, No. 22, November 1, 2006 |
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| Regulations amending Income Tax Regulation 1219 (Canadian Renewable and Conservation Expense) to allow for more than one "test wind turbine" to be located at a wind farm under certain conditions | Press Release, July 26, 2002; and
Canada Gazette, Part II, September 21, 2005 |
Press Release, July 26, 2002
Canada Gazette Part II Vol. 139 No. 19 September 21, 2005, p. 2052 (2053) |
Canada Gazette Part II Vol. 139 No. 19 September 21, 2005 |
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| Expansion of accelerated capital cost allowance Class 43.1 to include equipment used to produce biogas from anaerobic digesters using farm manure | Budget 2005 | 2005 Budget Plan, p. 184, 403 (183,184) | Budget Plan 2005 |
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Link to additional public statement re: Class 43.1 measures in Budget 2005 (RIAS) |
Canada Gazette Part II, June 14, 2006 (similar statement released in Part I on December 10, 2005) | Canada Gazette Part II, Vol. 140, No. 12 June 14, 2006, p 567 (571) | Canada Gazette Part II, Vol. 140, No. 12 June 14, 2006 |
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| Expansion of accelerated capital cost allowance Class 43.1 to include distribution equipment of certain district energy systems | Budget 2005 | 2005 Budget Plan, p. 184, 403 (183) | Budget Plan 2005 |
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| Increase in the capital cost allowance rate for certain high-efficiency cogeneration and renewable energy generation equipment in Class 43.1 from 30 per cent to 50 per cent | Budget 2005 | 2005 Budget Plan, p. 174, 182, 400 (183) | Budget Plan 2005 |
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| Extension of 15% Mineral Exploration Tax Credit for flow-through share investors | Budget 2004 | 2004 Budget Plan, p.335 (336) | Budget Plan 2004 |
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| Denial of a business expense deduction for statutory fines and penalties | Budget 2004 | 2004 Budget Plan, p. 151, 336 (151) | Budget Plan 2004 |
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| * Details of tax measures are typically set out in a chapter of the Budget Plan, the Annex of the Budget Plan on Tax Measures: Supplementary Information, and/or in the Regulatory Impact Analysis Statement (published in the Canada Gazette) if the measure is enacted through Regulations. | |||||||
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