Freeland's green economy spending aimed at competing with U.S. Inflation Reduction Act
Freeland's green economy spending aimed at competing with U.S. Inflation Reduction Act
Finance Minister Chrystia Freeland says clean energy and green technology spending may not have been the big-ticket items of the 2023 federal budget if it weren’t for the need to compete with infrastructure spending in the United States.
After she tabled the budget in the House of Commons Tuesday, Freeland told CTV’s Power Play host Vassy Kapelos that her government has been “at this for a long time,” campaigning on “the economy and the environment going together.”
Still, she said she doesn’t think it would have invested in a clean economy at the scale of the 2023 budget if it weren’t for the need to compete with the Inflation Reduction Act, which offers billions of dollars in energy incentives south of the border.
“I don’t think we would have done as much, had the IRA not been introduced,” Freeland said, adding the Liberal government has been pushing for clean economy policies for years, and citing the carbon price as an example.
“It’s also true that the U.S. plan, the IRA, is a game changer,” she also said. “They have put a ton of money on the table, and it was really important for us, having been ahead in this race, not to fall behind.”
Freeland discusses the 2023 federal budget in the video at the top of this article.
A New Democrat MP is trying to convince his colleagues to change the rules that govern the House of Commons in a series of ways he says would instill 'democratic controls' on the prime minister's 'unfettered' powers.
Monday morning, the Public Service Alliance of Canada announced it had reached a 'tentative' agreement with the federal government for the 120,000 picketing Treasury Board workers who, since April 19, had been engaged in one of the largest strikes in Canadian history. Here's a rundown of the developments from Parliament Hill as they happened.
The House committee studying foreign election interference heard from top 2019 and 2021 Liberal and Conservative campaign directors on Tuesday, with party officials from both camps speaking about the need for politicians to come together to address any "legislative gaps" ahead of the next vote.
In the 2023 federal budget, the government is unveiling continued deficit spending targeted at Canadians' pocketbooks, public health care and the clean economy.
U.S President Joe Biden and Prime Minister Justin Trudeau have announced updates on a number of cross-border issues, after a day of meetings on Parliament Hill.
Danielle Smith's win in the Alberta election hands her the most starkly divided province confronting any premier in Canada, writes commentator Don Martin.
Special rapporteur David Johnston didn't recommend public inquiry knowing it was a pathetically insufficient response for a foreign democratic assault of this magnitude, writes Don Martin in an exclusive column for CTVNews.ca.
To frame a few new illustrations on pages tucked inside a passport as proof of a Liberal plot to purge the Canadian historical record seems like a severe stretch, writes Don Martin in an exclusive column for CTVNews.ca.
Public Safety Minister Marco Mendicino is a bright former federal prosecutor, who was destined to be a star in Justin Trudeau's cabinet. But in an opinion column on CTVNews.ca, Don Martin argues Mendicino has taken a stunning fall from grace, stumbling badly on important issues just 18 months into the job.
It's the most peculiar of elections with the frontrunner and her main opponent being the same person, writes columnist Don Martin. 'In the looming Alberta showdown, it's Premier Danielle Smith versus her mouth.'
NDP Leader Jagmeet Singh slammed foreign interference special rapporteur David Johnston's refusal to heed the House of Commons' call for him to step down as 'tone-deaf.'
The Royal Bank of Canada is facing issues with online and mobile banking. According to a brief message posted on Twitter, there is an issue with the digital display of transactions.
The wedding of Jordan's crown prince to the scion of a prominent Saudi family began on Thursday in a palace celebration that drew massive crowds and a mood of excitement around the kingdom, while presenting the young Hashemite royal as a new player on the global stage.
Forget your hook, line and sinker. An Israeli foodtech company says it has 3D printed the first ever ready-to-cook fish filet using animal cells cultivated and grown in a laboratory.
It's time for residents along the southeastern U.S. coastlines to make sure their storm plans are in place as the 2023 Atlantic hurricane season gets underway on Thursday.
More than 300 firefighters from the United States and South Africa are heading to Canada in the coming days as the country battles an unprecedented wildfire season that has forced tens of thousands of people to flee their homes so far this year.
The Royal Bank of Canada is facing issues with online and mobile banking. According to a brief message posted on Twitter, there is an issue with the digital display of transactions.
More than 300 firefighters from the United States and South Africa are heading to Canada in the coming days as the country battles an unprecedented wildfire season that has forced tens of thousands of people to flee their homes so far this year.
A wildfire that began burning in the Upper Tantallon, N.S., area Sunday and forced the evacuation of thousands of residents is now 50 per cent contained.
German prosecutors said Thursday that they will examine objects that were found in a search in Portugal last week for clues regarding the disappearance of Madeleine McCann, but can't yet say whether they are linked to the British girl who went missing in 2007.
The powerful sister of North Korean Kim Jong Un on Thursday accused the United States of 'gangster-like' hypocrisy for criticizing her country's failed launch of a military spy satellite and insisted that the North will follow with a successful launch soon.
The wedding of Jordan's crown prince to the scion of a prominent Saudi family began on Thursday in a palace celebration that drew massive crowds and a mood of excitement around the kingdom, while presenting the young Hashemite royal as a new player on the global stage.
He's heir to the throne in one of the oldest monarchies in the Middle East and a descendant of the Prophet Muhammad. She's a Saudi architect with an aristocratic pedigree of her own.
The United States urged Sudan's warring sides on Thursday to return to ceasefire talks and make a concerted effort to abide by a lasting truce after peace efforts collapsed yet again.
NDP Leader Jagmeet Singh slammed foreign interference special rapporteur David Johnston's refusal to heed the House of Commons' call for him to step down as 'tone-deaf.'
The federal government is proclaiming a National Day Against Gun Violence, to be held annually on the first Friday of June. Prime Minister Justin Trudeau, Public Safety Minister Marco Mendicino and representatives of the Toronto Raptors basketball team are set to discuss the plans today at an event in Toronto.
Prime Minister Justin Trudeau's efforts to assure Canadians that his government is adequately addressing the threat of foreign interference took a hit on Wednesday, when the majority of MPs in the House of Commons voted for special rapporteur David Johnston to 'step aside,' a call Johnston quickly rejected.
Canada will soon require health warnings to be printed directly on individual cigarettes, making it the first country to implement this kind of measure aimed at reducing tobacco usage.
A team led by the Centre for Addiction and Mental Health (CAMH) has found physiological evidence of brain inflammation in people with cognitive and depressive symptoms months after their COVID-19 infections.
Forget your hook, line and sinker. An Israeli foodtech company says it has 3D printed the first ever ready-to-cook fish filet using animal cells cultivated and grown in a laboratory.
Bruce Willis’ daughter, Tallulah, has revealed her difficulties coming to terms with her father’s frontotemporal dementia (FTD) diagnosis and shared details about its impact on her family’s life.
The Central Bank of Sri Lanka reduced its interest rates Thursday for the first time since the island nation declared bankruptcy, after stern fiscal controls, improved foreign currency income and help from an International Monetary Fund program resulted in inflation slowing faster than expected.
Europe's inflation took a positive turn with a significant drop to 6.1 per cent, but prices are still posing a pinch to shoppers who are yet to see real relief in what they pay for food and other necessities.
Confidence on the Scripps National Spelling Bee stage manifests itself in subtle ways, like spellers asking questions even though they know the answers.
Locals call it "watermelon salad." But this delicacy popular in the southern Gaza Strip at this time of year is far from the sweet, refreshing taste the name evokes.
Lionel Messi arrived two years ago wearing a T-shirt emblazoned with 'Ici C'est Paris' (This Is Paris) -- a favourite cry among Paris Saint-Germain fans -- and to chants of 'Messi! Messi! Messi!'
The Pittsburgh Penguins have named former Toronto Maple Leafs general manager Kyle Dubas its new president of hockey operations, the club announced Thursday.
The U.S. government's auto safety agency plans to require that all new passenger cars and light trucks include potentially life-saving automatic emergency braking and meet stricter safety standards within three years.
