Stay updated with breaking news from Economic Statement. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Government of Canada continued their drive to decarbonize the economy through the use of the carrot rather than the stick in Budget 2023 by announcing two new investment tax...
OTTAWA, March 31 (Xinhua) -- Advance information indicates that Canada's real gross domestic product (GDP) increased 0.3 percent in February, Statistics Canada announced Friday.
Inclusion of nuclear in the clean energy investment tax credit and making it eligible for a range of other tax incentives show the Government of Canada's "clear and strong" support for nuclear's indispensable role in the clean energy transition, according to the Canadian Nuclear Association.
The made-in-Canada plan mirrors the U.S. Inflation Reduction Act, including two new ITCs targeting clean energy and technology manufacturing that will remain at 30% through 2033, stepping down to 15% in 2034 before phasing out altogether after 2034.
The Government of Canada continued their drive to decarbonize the economy through the use of the carrot rather than the stick in Budget 2023 by announcing two new Investment Tax Credits 1 A Clean Electricity Investment Tax Credit, and 2 A Clean Technology Manufacturing Tax Credit.