Registry of Lobbyists
Subject matters | Details | Categories |
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Taxation and Finance
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Bill C-59 contains the legislative tax proposals initiated by the Government in finalizing the excess interest and financing charges limitation in the Income Tax Act and the Investment Tax Credit proposals for carbon capture and ,underground storage .
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Legislative Proposal, Bill or Resolution
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Taxation and Finance
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Bill C-59 tabled on November 30, 2023 brings into force the investment tax credit proposals for eligible machinery and equipment for carbon capture and utilization.
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Legislative Proposal, Bill or Resolution,
Policies or Program
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Taxation and Finance
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Bill C-59 was introduced in the House of Commons on November 30, 2023 implementing the new restriction on interest and financing expenses which impacts the client.
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Legislative Proposal, Bill or Resolution,
Policies or Program
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Taxation and Finance
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Bill C-59, this bill will add the specific measures of the investment tax credit for carbon capture , utilization and storage to the Federal Income tax Act.
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Legislative Proposal, Bill or Resolution
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Taxation and Finance
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Draft legislation was released on February 4, 2022 by the Department of Finance proposing to implement tax measures concerning excessive interest and financing expenses (EIFEL).
TC Energy provided a written submission on the proposals to the Department to request grandfathering for existing debt and exemptions for large scale infrastructure projects and clean energy projects.
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Legislative Proposal, Bill or Resolution
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Taxation and Finance
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Legislation for the restricted interest proposals were introduced in Bill-C-59 on November 30, 2023.
Continue to argue for relief from these provisions for hydro related projects coordinated with a Province .
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Legislative Proposal, Bill or Resolution,
Policies or Program
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Subject matters | Details | Categories |
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Subject matters were not required to be associated with subject matter details when this content was submitted
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Draft legislation was released on February 4, 2022 by the Department of Finance proposing to implement tax measures concerning excessive interest and financing expenses (EIFEL).
TC Energy provided a written submission on the proposals to the Department to request grandfathering for existing debt and exemptions for large scale infrastructure projects and clean energy projects.
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Legislative Proposal, Bill or Resolution
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Subject matters were not required to be associated with subject matter details when this content was submitted
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Federal Budget 2021 proposed the introduction of an investment tax credit for capital invested in carbon capture, utilization and storage (CCUS) projects.
TC Energy wants to make Government aware of joint venture financing structures that need to be accommodated in the legislation to ensure that joint ventures among corporations can benefit from the incentive proposals
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Legislative Proposal, Bill or Resolution,
Policies or Program
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Communication techniques that have been used or are expected to be used in the course of the undertaking: