Canadian Renewable & Conservation Expense (CRCE) “Clean” Energy Tax Incentives

March 31, 2016 | Greg P. Shannon | Calgary

This updated article is an overview of the Canadian income tax considerations relevant to Canadian renewable and conservation expenses (“CRCE”) which were originally introduced in the March 6, 1996 Federal Budget as a new category of deductible expenses under Schedule II to the Income Tax Regulators and updated by the March 29, 2012 Federal Budget (“Budget 2012”), the February 11, 2014 Federal Budget (“Budget 2014”) and as most recently updated by the March 22, 2016 Federal Budget (“Budget 2016”).