Global Public Affairs + Swedish Chamber of Commerce – Canadian Budget Discussion

Here are the major takeaways from the budget:

  • Budget focus focused on clean technology and energy & emissions reduction as a response to US Investment Recovery Act
  • 5 ITCs: Hydrogen, CCUS, Clean Tech, Clean Electricity & Clean Manufacturing 
  • Further consultation to come before legislation is tabled 
  • Environment approval and Regulatory improvement also promised
  • Government has used Strategic Innovation Fund to foster economic goals.
  • Budget passage before the House rises in June