Trudeau Looks Beyond Near Term With Climate Stimulus

Justin Trudeau’s government is proposing a raft of funding for Canadian companies -- including money for infrastructure and tax incentives for carbon-capture technology -- aimed at emerging from the global pandemic with a stronger economy than before.

In a budget proposal released Monday, about C$60 billion ($47.9 billion) of C$101.4 billion in new spending over three years is focused on medium-term measures to improve growth.

Much of that is geared at increasing labor force participation through measures like child care, but there are also tens of billions of dollars devoted to direct business spending, the bulk of it aimed at ...