Freeland confident CO2 tax credit will lure large-scale investment

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Freeland said the multi\u002Dbillion dollar tax credit is key to attracting investment in costly carbon capture projects

“Within 24 hours of tabling the federal budget, I was hearing from major global investors, people who I know from my days at the Financial Times, who said, ‘we read your budget, we want to learn more,'” Freeland said on April 14 at a news conference in Calgary.Freeland was in her home province of Alberta to sell the Liberal’s 2022 budget and to promote new measures aimed at driving investment in carbon capture, utilization and storage technologies.

The federal budget also included a 60-per-cent credit for investment in direct-air capture technologies to remove carbon from the atmosphere.

 

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I’d have more faith having a budget released from a cow then that certified clown 🤡

Omg, this unnecessary fake math keeps anything from getting done, let alone done right. Forcing consumption profit to validate consumption isn’t mathematically stable idea, get it! Wtf is going on? Stop capitalizing profits of consumption and capitalize profits of resource!

She along with Trudeau need a wake up call! They are destroying the country that once was Canada

LURE is the key word here. Once they spend copious amounts of money to get set up they are going to be hit with massive regulations and stipulations and will not be able to back out easily

For what?

What? Increasing taxes drives away investment. She needs therapy.

Huh? Billions of investment have left Canada since the Trudeau regime. You cannot govern in ideology and when your voter base are the very public servants you hire it is corrupt and nothing is based in reality. This minority is governing for the minority.

cafreeland Clearly indicates how insidious drugs are in our society.

From which kool aid drinking non capitalist who is prepared to lose all their money is she referring? Asking for a friend named Adam Smith

Yes this makes sense, just like I have a large inventory of Bridges for sale!!

'Freeland confident CO2 credit will lure large-scale investment 'I was hearing from major global investors, from my days at the Financial Times'. Some dude she boffed as an intern in '92 drunk-dialed her on the weekend. Somehow this translates to untold billions coming our way.

'lure' in liberal dictionary = scare the sh** out of ....

You have been smoking to much wacky tobacky Christy!!

Well, the only comfort I get from the Govt and their nonsensical stuff…..is that they have kids will suffer from their legacy…..

My god this woman scares me. The ripples this government is creating for future generations of Canadians is truly horrifying.

Yet another clueless statement by the DPM. Those companies should never have left! They’re not playing any games with you. You’re alone in the sandbox Ms Freeland! cdnpoli

This lady lives in Utopia! Carbon tax is a catastrophe for the little people. Forget climate change...here is quote for you 'nobody is here forever, you have to live for the moment, each and every day...the here, the now' - Simone Elkeles, Perfect Chemistry

charges large amounts on CO2 production but then thinks a pittance rebate will some how draw them in. Man we are sooo screwed as a Country

Smoking dope

There is no such a stone that when placed in a river makes the water flow faster

She's also confident the budget will balance itself

🤡

So......CO2 tax credit to attract business, increase federal carbon tax on private citizens to heat their homes and drive to work, gotcha.

🤪🤪🤪🤪🤪

Me, not so confident.

A tax credit doesn’t stop production of CO2.

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