C-269 (45-1) - An Act to amend the Income Tax Act (heat recovery tax credit)

Source: Parliament of Canada (LEGISinfo)
Date: 2026-11-02 11:03:41.0
Tags: [National, Taxation, Energy, Environment, Climate, Industry]

Private Member's Bill C-269, titled An Act to amend the Income Tax Act (heat recovery tax credit), was introduced in the House of Commons by Conservative Member of Parliament Greg McLean (Calgary Centre) on March 12, 2026. The legislation aims to establish a federal heat recovery tax credit under the Income Tax Act to incentivize energy waste reduction through industrial and commercial heat capture. The bill reached second reading stage in the House of Commons, with major debate speeches delivered by sponsor Greg McLean, Liberal Member Ryan Turnbull, and Bloc Québécois Member Marilène Gill on June 15, 2026, followed by further debate on November 2, 2026.