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

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

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.

 

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financialpost Clean technology and hydrogen is all a lie. Pain comes from people believing the climate hysteria. It is coming

financialpost It appears she hasn't been watching what is happening in Germany thanks to their reliance on green energy.

financialpost Tax credit only if you let us tell you how to run your business?...automation will just accelerate and make more jobs disappear

financialpost This is such great news! Now we can all afford 40k solar panels and 60k Tesla's with all the money their pandemic lockdown allowed us to save!

financialpost Doubling down on spending and doubling down on 'green' technology. We're always a few years behind Europe in national trends. Here we have a roadmap to hell in front of us provided by countries like Germany and the Libs keep going down the same path anyway. Why?

financialpost Elon Musk Hydrogen is silly

financialpost Investment (noun) - the name given by government to the process of stealing money via taxes and giving it to others.

financialpost You do know that Hydrogen is a Hoax, right? The Hydrogen Hoax (by the numbers)

financialpost I think, tax credits are for hidden handouts to Government linked corporation own by their friends and associates, do you agree?

financialpost The same Freeland who fucked up Canada's economy...that Freeland?

financialpost Thank you for information. I call for Israel to end its occupation of Palestine. An occupying country cannot be democratic.

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