C-382 – An Act to amend the Excise Tax Act and the Income Tax Act (extra-energy-efficient products) – exempts certain extra-energy-efficient products from GST and creates a tax credit for purchasing them.
So first up is what products will qualify for the exemption and rebate. The Governor General will be able to add items to the list, but they’ll need to be at least 10% more efficient than the standards that apply to them under the Energy Efficiency Regulations. The product or class of product will also need to hold less than half of the market share for that product.
The rebate part of this is 10% of the cost of these products, up to $1,000.
By default the following products will qualify for the exemption and the rebate:
- Clothes washers and dryers
- Dishwashers
- Refrigerators and freezers
- Electric stoves
- Dehumidifiers
- Microwaves
- Ceiling fans
- Air conditioners of every type, from portable to central AC
- Heat pumps of every type
- Electric furnaces
- Ventilators
- Electric boilers
- Electric water heaters
- Lighting
- Compact audio products
- Video products
- TVs
- External power supplies
- Battery chargers
- Electric motors
This list can be changed by the Governor General as needed.
Progress of C-382
C-382 is currently outside of the Order of Precedence.