Liberals ‘dawdle’ on billions in net-zero investment tax credits: NDP critic | CBC News ...Middle East

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Liberals ‘dawdle’ on billions in net-zero investment tax credits: NDP critic | CBC News
Two years after the federal government began announcing what it calls “clean investment tax credits” to jump-start an anticipated net-zero investment bonanza, no company has managed to access the incentives. The government says it is still finalizing the terms of the investment tax credits, or ITCs. Industry and other climate policy researchers say ITCs are needed to decarbonize Canada’s economy and achieve net-zero emissions by 2050. The incentives, which could be worth $27 billion over five years, include refundable tax credits for clean electricity generation, hydrogen and carbon capture utilization and storage. Some of these measures were announced as recently as March, while others, s

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