Trudeau Wants to Catch Up With Biden on Clean-Energy Tax Credits

Oct. 13, 2022, 3:24 PM UTC

Prime Minister Justin Trudeau’s government has begun crafting plans to even the playing field with the US on investment incentives for carbon capture and other clean energy projects.

Finance Minister Chrystia Freeland and Natural Resources Minister Jonathan Wilkinson, among others, are working on a response ahead of a fiscal update due in coming months, according to two government officials with knowledge of the matter.

The most likely scenario is for the government to signal its intentions next month or in early December, with a more detailed policy to come in a budget in the first half of 2023. ...

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