RE:RE:Billions of dollars for “industrial transformation”THanks Science...for clarity 50%
of current Cdn Corp tax rate which is around 26.5% to reduce this to 13.25% which is very significant.
ScienceFirst wrote: Sounds like PYR plasma torches could qualify for 50% corporate tax ...
The government also plans to spend $1 billion over the next five years to attract private cash to Canadian clean technology businesses, and to cut the corporate tax rate in half for at least seven years for firms that manufacture such things as wind turbines, electric vehicles and geothermal energy systems.