FormerXBC Inc XEBEQ

Canada needs clean tech subsidies

[ZouZS3]

Both the federal and provincial governments need to come together to “figure out how do we level the playing field” with green technology.

Biden administration announced the Inflation Reduction Act, a bill focused on health care, clean energy efforts and fighting inflation.

this act has “created an unlevelled playing field” for clean technology and it could cost Canada its green ambitions, if the government doesn’t act soon.

If we don't level that playing field (with clean technology) in Canada and have a equal level of subsidy, those jobs, those opportunities and most importantly that intellectual capacity that we need so desperately to continue to drive our green ambition here, is going to go to the States

expect that in the budget of April 2023, that we're going to see some acknowledgment of that (clean technology incentives), and how the federal government is going to make that happen.

 

https://www.bnn.ca/1.1872932.1674245824