Opinion: The Liberals’ touted green tech tax cut for companies comes with uncertainty

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The Liberals’ touted green tech tax cut for companies comes with uncertainty GlobeTechnology

– a commitment that was made by Justin Trudeau’s Liberals during last fall’s election campaign and received limited attention at the time.

The first would be improving the prospects of fledgling, homegrown companies. While it wouldn’t have much immediate benefit for recent startups, which usually don’t have any profits to tax, it could potentially help them attract capital because of the prospect of greater after-tax profits later. But first, the Liberals will first need to resolve a lot of questions unanswered by a campaign announcement that, hurriedly rolled out alongside other environmental pledges in the days before Mr. Trudeau joined Greta Thunberg at a climate protest in Montreal, was light on detail.Story continues below advertisement

Getting it right – being able to eventually say they attracted clean tech that would not have happened here otherwise, and avoiding rewarding companies for greenwashing or for advances that would have happened regardless – seems like a very tall order by spring.

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