FEDERAL GOVERNMENT SOLAR INCENTIVES
New Federal Investment Tax Credit of 30% for commercial solar projects, effective April 1, 2023.
There is also a special tax treatment for solar projects, which provides for a 100% depreciation expense in the first year of operation. This provides a tax refund (a.k.a. credit) of 27% for corporate entities, and approximately 12% for small business.
Your accountant can look up CCA Class 43.2 for more details.