Policy Updates

Canada Introduces New Tax Credit for Green Energy Initiatives

The Canadian government has announced a new tax credit aimed at encouraging investments in green energy projects.

By NomadicTax Research Team • 5 min read • November 9, 2025

As of November 2025, the Canadian government has introduced a new tax credit designed to incentivize investments in renewable energy sources. This credit allows businesses and individuals to claim up to 30% of their investment in eligible green energy projects, such as solar, wind, and hydroelectric power. The initiative aims to reduce carbon emissions and promote sustainable energy practices across the country. Analysts predict that this could significantly boost the green energy sector and create thousands of jobs in the industry. The credit is expected to be available for projects initiated after January 1, 2025.