Freeland unveils tax credits of 30-40% for investment in clean technology and hydrogen

The credit will be available from the first day of next year’s federal budget and will end in 2035.

“With major investment tax credits for clean technology and clean hydrogen, we will make it more attractive for businesses to invest in Canada to produce the energy that will power a net-zero global economy,” Deputy Prime Minister Chrystia Freeland said in a prepared statement. The bill, which passed the U.S. House of Representatives in August, has little to do with inflation but will result in dramatic changes to the American economy in service of the country’s climate goals through a mix of tax incentives, grants and loan guarantees aimed at boosting clean energy and clean transportation.

Didn't we learn anything from Ontario and its Green Windmills? As for hydrogen The Hydrogen Hoax

Clean energy cannot stand in its “feet” only if is subsidized which taxpayers money.

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