Jobs & economyEnvironment & energy

Heat recovery tax credit

C-269 An Act to amend the Income Tax Act (heat recovery tax credit)

Gives a tax credit to businesses that buy equipment to turn industrial heat into energy.

What Bill C-269 would do

The bill would amend the Income Tax Act to create a tax credit for businesses that buy qualifying heat recovery equipment. This equipment would be used to capture heat from industrial processes and convert it to generate energy. The published material gives no further detail.

Official summary

This enactment amends the Income Tax Act to provide a tax credit to certain businesses that acquire qualifying heat recovery equipment to recover heat produced by industrial processes and convert it in order to generate energy.

Kind
Private member's bill
Sponsor
Greg McLean, Member of Parliament (Calgary Centre)
Introduced
in the House of Commons
Last activity

Where it stands

  1. ProposedMar 12
  2. Being debatedsince Mar 12 Exact stageAt second reading in the House of Commons · since March 12, 2026MPs or senators are debating it in the chamber where it started.
  3. Almost law
  4. Law

First debate in the House: 1 day so far

  1. First reading in the House done

    Before the House on 1 sitting day,

  2. Second reading in the House now

    Before the House on 1 sitting day, · 1 debate here

  3. Committee in the House not yet

  4. Report stage in the House not yet

  5. Third reading in the House not yet

  6. First reading in the Senate not yet

  7. Second reading in the Senate not yet

  8. Third reading in the Senate not yet

  9. Royal assent not yet

Exact procedural stages
  1. House
    1. First reading in the House: done, 2026-03-12
    2. Second reading in the House: current stage
    3. Committee in the House: not yet reached
    4. Report stage in the House: not yet reached
    5. Third reading in the House: not yet reached
  2. Senate
    1. First reading in the Senate: not yet reached
    2. Second reading in the Senate: not yet reached
    3. Third reading in the Senate: not yet reached
  3. Royal assent
    1. Royal assent: not yet reached

Debates in the House 1

Members who spoke: Conservative 4 Liberal 2 Bloc Québécois 1

Second reading 1

  1. Income Tax Act

    7 members spoke

Also raised in 1

Question Period, members' statements and other debates where the bill came up.

Show 1
  1. Government Business No. 12—Proceedings on Bill C-30

Discussion

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