Post by
Arvid77 on Mar 28, 2023 8:14pm
Federal budget
There were some goodies for clean technology in the federal budget today. 30% tax credit for capital expenses related to building cleantech plants and processes. I'm thinking this could apply to CVW? I mean c'mon, it's in the name! Maybe this could be a further stimulus to get something going in negotiations?
Comment by
litmo65 on Mar 29, 2023 12:32am
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Comment by
James72 on Mar 29, 2023 2:23pm
I think there already is a fair bit of money available. I heard an estimate of up $300MM betweens grants, loan subsidies and tax credits. Adding new tax credits from the Budget can only make the ROE that much better. It is a pretty big first mover advantage so hopefully your right and this will speed up the timetable.