Tag: Billions
-
:format(webp)/https://www.thestar.com/content/dam/thestar/news/canada/2023/04/23/will-new-gas-plants-deprive-ontario-businesses-of-billions-in-tax-credits/opg.jpg)
Will gas plants mean Ontario businesses lose billions in tax credits?
[ad_1] It’s the $25-billion query. The federal funds launched final month included a clean-electricity tax credit score price an estimated $25.7 billion. But it surely’s solely obtainable in provinces that decide to a net-zero electrical energy grid by 2035 — one thing Ontario has not accomplished. As an alternative, Premier Doug Ford is about to…
-
Canada Lands Volkswagen Battery Plant With Billions in Subsidies
[ad_1] Volkswagen’s first North American battery plant for electrical automobiles can be in-built Canada, and Prime Minister Justin Trudeau and different Canadian politicians made it clear on Friday that the nation had successfully been in a bidding conflict with the USA. “We put up some huge cash,” Mr. Trudeau mentioned at a information convention in…
-
‘Billions in forgone revenue’: How NSW could have pocketed $6.2B in coal royalties
[ad_1] NSW may have been as much as $6.2B richer final 12 months if it had adopted Queensland’s profitable coal royalty system, a brand new report has discovered. The newly minted Labor authorities has not dedicated as to if they are going to undertake such a coverage, insisting the royalties to be collected this 12…