Canada’s Green Sector Looks for Liberals to Energize Incentives

Canada’s bet on luring C$300 billion in green business with tax credits is still within reach despite the credits’ slow rollout and project setbacks, investment interests say.

A notable exception to the hopeful view? Electric vehicles.

Major projects to assemble EVs, batteries, and other parts hit snags or were canceled over the past year as North American demand underwhelmed and US policy turned sharply against the industry. Canada’s ambivalent reaction has further hurt the sector’s confidence, Daniel Breton, president and CEO of Electric Mobility Canada, said in an interview.

“This is a worst-case scenario. We need to know where ...