TSX:NPI - Post Discussion
Post by
BayWall on Nov 12, 2023 8:33am
Still waiting
The government also still needs to finalize tax credits for investment in clean technology, electricity, hydrogen and carbon capture. Those incentives were first announced in the spring budget and consultations on their final design were launched in June. But even Natural Resources Minister Jonathan Wilkinson seems impatient to get them up and running.
"They were intended to be a competitive response to the Inflation Reduction Act in the United States. Those tax credits in the United States have existed, and are available now, for over a year," Wilkinson told the Climate Institute's annual conference this week. "We need to get that finished so that companies can actually make investment decisions."
CBC News
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