Canada Requires Provinces to Transition to Clean Power Grid for Tax Credits

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Canada says provinces must aim for clean power grid to access tax credits

Prime Minister Justin Trudeau's Liberal government says an emissions-free grid will be the backbone of decarbonizing the Canadian economy and reaching net-zero emissions by 2050.

"To access the tax credit will require you are moving in the direction of non-emitting generation," Natural Resources Minister Jonathan Wilkinson told a press conference in Vancouver, as the government published a clean energy policy paper and said it will release a Clean Electricity Strategy in 2024.

Think tank Clean Energy Canada said the paper suggests Ottawa is seeking views on how to design incentives to convince provinces to achieve a net-zero grid by 2035. "This would obviously penalize the provinces most in need of assistance in transitioning to a carbon-neutral grid, including Alberta," provincial Environment Minister Rebecca Schulz said in a statement.

 

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