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Biden’s US$700B bill to benefit these Canadian stocks

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Among Canadian utilities, Algonquin Power & Utilities is set to benefit from the production tax credit and investment tax credit in the IRA From jefflagerquist

The iShares Global Clean Energy ETF , a US$5.6 billion basket of clean energy stocks, has added more than 23 per cent in the past month.

The passage of the IRA comes as U.S. officials expect renewable sources to account for a growing share of the nation's power supply. On Tuesday, the

 

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