In the 2022 Fall Economic Statement, the Government of Canada proposed that businesses adhere to certain labour conditions in order to be eligible for the maximum investment tax credit rates for clean technologies and clean hydrogen. Having these new tax incentives could support greater investment in clean hydrogen while assisting Canada in its efforts in tackling climate change and supporting a thriving and sustainable future for the country’s energy sector.
As we look to advance opportunities for clean regional economic development, the PLACE Centre is heavily engaged in research, analysis, and discussion around the clean economy workforce. Our past partnered research projects with the Insurance Bureau of Canada and the Diversity Institute focused on the many skills and jobs needed to advance clean and resilient growth across Canada. This is in addition to our ongoing research project with the Future Skills Centre which looks to identify changes in the scale and skill set of the workforce to support clean growth in regions across the country.
Leveraging this experience, the PLACE Centre submitted a formal response and recommendations to consultations on the labour conditions for clean tech and clean hydrogen investment tax credits. You’ll read more about our thoughts and suggestions regarding prevailing wage levels, labour hours for apprentices, attraction and retention of skilled workers, and how Investment Tax Credits for clean technology and clean hydrogen projects can be designed to improve labour conditions.