The hydrogen/ammonia news in Nova Scotia is welcome, but I never heard of the company (Everwind) until recently. They are not a Canadian company yet plan to take advantage of federal tax credits.
A 40% to credit on a $6 billion investment will make an impact on the bottom line for years. Whether it's Everwind (private company) or other developers.
If Northland decides to get involved with their own project, should not that get upgrades in their stock price targets? Cashflow will be improved as well as profit margins.
Anyway-
In a November press release, EverWind welcomed the news that the federal government was bringing in a 40% tax credit for “clean hydrogen,” a 30% tax credit for “clean technology,” and establishing a $15 billion Canada growth fund that would apply to “low-carbon hydrogen.”