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"It's about building a strong economy": Trudeau touts green investments in Budget 2023 | FULL

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Canadian Prime Minister Justin Trudeau touted his government’s efforts in the federal budget to put the Canadian economy on the path to a "clean future."

His government’s fiscal plan includes tax credits for investments in clean electricity, clean-tech manufacturing and hydrogen that together are expected to cost some $55 billion through to the 2034-35 fiscal year.

Total tax incentives amount to $83 billion over the same timeframe, when the carbon capture and clean-tech investment credits announced last year are factored in, both of which saw minor boosts this round.

Trudeau also denounced China’s military exercises in Taiwan as “problematic” and responded to concerns raised about his appointment of a special rapporteur to investigate foreign interference in Canada's elections.

Trudeau said opposition leader Pierre Poilievre's "snarkiness" regarding foreign interference "doesn't do him any credit and doesn't do any credit to the attention needed to confront a serious issue."

For more info, please go to https://globalnews.ca/news/9585087/canada-budget-2023-clean-tech-tax-credits/
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Category
U.S. & Canada
Tags
global news, Canada federal budget, Canada budget
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