News Snapshot:
Chrystia Freeland and Ottawa’s hydrogen strategy, released in late 2020, targets a robust domestic hydrogen market worth up to $50-billion, with 350,000 jobs created by 2050.AMBER BRACKEN/The Canadian Press The federal government is playing defence with industrial policy, announcing two clean energy tax credits in an effort to match U.S. subsidies and ensure that Canadian companies remain competitive. The fall economic update, published Thursday, introduced a 30-per-cent refundable tax credit for capital investments in low-carbon energy generation and technology. This is expected to cost $6.7-billion over the next five years. The government also said it will proceed with a tax...
