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.
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.
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.
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.'
Donald Trump said Thursday that he was indicted for mishandling classified documents at his Florida estate, a remarkable development that makes him the first former president in U.S. history to face criminal charges by the federal government that he once oversaw.
The Supreme Court of Canada will not hear the appeal of an Alberta woman who was unwilling to be vaccinated in order to get a life-saving organ transplant.
What happens to the brain when you take gravity away? According to a new study looking at astronauts both before and after space travel, that experience causes physical changes that researchers believe requires at least three years between longer missions to recover from.
Carter Verhaeghe scored 4:27 into overtime and the Florida Panthers pulled off some more postseason dramatics to beat the Vegas Golden Knights 3-2 in Game 3 of the Stanley Cup Final on Thursday night.
A battle appears to be brewing between senators and Public Safety Minister Marco Mendicino, as he tries to see the Liberals' controversial gun legislation passed swiftly into law.
The chair of the Pierre Elliott Trudeau Foundation's board says the organization has returned a $140,000 donation to Millennium Golden Eagle International.
The hot, dry conditions that are fuelling wildfires countrywide are just the beginning of what summer could look like in Canada this year, according to Environment Canada senior climatologist Dave Phillips.
Smoke and flames continue to engulf much of Canada, with Alberta imposing new evacuation orders, Manitoba bracing for heavy, lightning-generating thunderstorms and high wildfire risks and poor air quality from coast to coast.
Tumbler Ridge, a community with a population of 2,400 in northeastern B.C., has been ordered to evacuate Thursday due to the danger posed by an encroaching wildfire.
The decision to search a Winnipeg-area landfill for the remains of two First Nations women and who will fund it remains up in the air a month after a feasibility study was completed.
Canada has partnered with a non-profit to seek out LGBTQ people fleeing violence all over the world and refer them to Canada as government-assisted refugees.
A $100 million class action lawsuit launched on behalf of alleged victims of sexual abuse by Catholic clergy on Manitoulin Island has been abandoned after the victims reached individual settlements with the church.
At least five Africans are dead and dozens believed missing after three boats attempting to carry migrants across the Mediterranean Sea sank in recent days off the coast of the Tunisian city of Sfax, the Tunisian coast guard said Thursday.
Donald Trump said Thursday that he was indicted for mishandling classified documents at his Florida estate, a remarkable development that makes him the first former president in U.S. history to face criminal charges by the federal government that he once oversaw.
Here's a look at the charges, the special counsel's investigation and how Donald Trump's case differs from those of other politicians known to be in possession of classified documents.
Embers from a smouldering scrap wood fire set days earlier outside a home used by a Christian religious communal group along with a sparking power line caused a 2021 Colorado wildfire fanned by high winds that destroyed nearly 1,100 homes and left two people dead, authorities said Thursday.
A replacement plane for an Air India flight diverted to Russia because of an engine problem landed in San Francisco on Thursday, carrying all passengers and crew, the airline said.
Joran van der Sloot, the chief suspect in the 2005 disappearance of Natalee Holloway, arrived in the United States from Peru on Thursday to face charges that he attempted to extort money from the missing woman's mother.
As forest fires rage across the country, experts are sounding the alarm over the physical and psychological impacts of the wildfires and saying that they pose a serious public health issue, which individuals and governments need to acknowledge and act upon.
The Supreme Court of Canada will not hear the appeal of an Alberta woman who was unwilling to be vaccinated in order to get a life-saving organ transplant.
Social media users are sharing a surprisingly effective way to protect yourself indoors from the toxic wildfire smoke blanketing much of the East Coast: a box fan, four air filters and a whole lot of duct tape.
Scientists have documented the first-known instance of a 'virgin birth' by a crocodile, which had been living in isolation for 16 years at Costa Rican zoo, according to a study published Wednesday.
The James Webb Space Telescope set its sights on a galaxy 20 million light-years away, capturing a dazzling star-forming galaxy in images streaked with the signature of passing asteroids.
Social media users are sharing a surprisingly effective way to protect yourself indoors from the toxic wildfire smoke blanketing much of the East Coast: a box fan, four air filters and a whole lot of duct tape.
A lawyer for Prince Harry finished setting out the royal's case against a newspaper publisher on Thursday, quizzing a former tabloid reporter about information inserted into stories by then-editor Piers Morgan.
The many lives of Arnold Schwarzenegger get neatly divided into three equal parts in 'Arnold,' a Netflix documentary-cum-self-led tour through his remarkable success story as bodybuilder, actor and politician, each more improbable than the other.
Asian shares mostly rose Friday, led by a jump on the Tokyo Stock Exchange where share prices got a boost of optimism from a new bull market on Wall Street.
Rescuers in Washington state are praising the resourcefulness of a 10-year-old girl who survived on her own for more than 24 hours in the rugged terrain of the Cascade mountains after getting lost while out with her family.
Carter Verhaeghe scored 4:27 into overtime and the Florida Panthers pulled off some more postseason dramatics to beat the Vegas Golden Knights 3-2 in Game 3 of the Stanley Cup Final on Thursday night.
Racing at Belmont Park was cancelled and the Washington Nationals' home game against the Arizona Diamondbacks was postponed Thursday due to poor air quality from wildfires in Canada.
A group of climate activists claimed responsibility on Wednesday for deflating the tires of sport utility vehicles in Denmark's capital. More than 100 vehicles were vandalized, police said.
Insurance industry group Equite Association says vehicle theft in multiple provinces surged last year. Vehicle theft was up by 50 per cent in Quebec year over year, by 48.3 per cent in Ontario, by 34.5 per cent in Atlantic Canada and by 18.3 per cent in Alberta.
