Ottawa needs 'made-in-Canada' response to U.S. Inflation Reduction Act: climate group
Ottawa needs 'made-in-Canada' response to U.S. Inflation Reduction Act: climate group
OTTAWA -
As the federal government readies its spring budget, a climate group is urging Ottawa to pursue a "made-in-Canada" response to U.S. clean energy incentives.
The Canadian Climate Institute published a report on Tuesday with recommendations for the federal government on how to respond to the U.S. Inflation Reduction Act passed last summer.
The institute says the federal government shouldn't try to match the incentives and subsidies offered by the U.S. and instead tailor its measures for Canada.
The Inflation Reduction Act, signed into law last August by U.S. President Joe Biden, invests nearly US$400 billion in everything from critical minerals to battery manufacturing, electric vehicles, and clean electricity, including hydrogen.
"To compete with the Inflation Reduction Act, Canada should not try and replicate it," Marisa Beck, the institute's clean growth director, told reporters on Tuesday.
Finance Minister Chrystia Freeland has signalled the March 28 budget will include ways to keep Canada competitive as countries transition their economies to cleaner energy and technologies.
"Our friends and partners around the world, chief among them the United States, are investing heavily to build clean economies," Freeland said in Oshawa, Ont. on Monday.
"Today and in the years to come, Canada will either capitalize on this historic moment … or we'll be left behind as the world's democracies build the clean economy of the 21st century."
The federal government took the first step in its push to keep Canada competitive by introducing new federal tax credits for clean technology and low-emitting hydrogen production in its fall economic statement last November.
The budget is expected to outline how Canada plans to grow and transition to a clean economy.
The institute says Canada should pursue targeted policies that don't over-subsidize industry but instead support projects to benefit society that the private sector wouldn't pursue on its own.
It also says the Canada Growth Fund, which will invest in clean energy projects using public dollars, should strive to to balance risk and return.
Once projects achieve profitability, the report says the government should pull its support.
"Long-term commitments over 10 (to) 15 years, of course, provide a lot of certainty for investors. But they can become really costly if it ends up that the projects are being over-subsidized," Beck said.
This report by The Canadian Press was first published March 21, 2023.
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.'
Although remote work has cleared the way for workplace flexibility, allowing employees to work in various locations (and climates), a new study suggests it’s taking a serious toll on work-life balance.
France will be sending firefighters to aid Quebec as the province continues to battle massive forest fires, French President Emmanuel Macron announced.
The Nova Scotia government says it is investigating the theft of personal information stolen through a global privacy breach to a third-party file transfer system the province was using.
Quebec provincial police (SQ) have identified the adult victim of a fishing incident that claimed five lives over the weekend, most of them children. Keven Girard, 37, was among a group of 11 people swept up by the tide late Friday night while fishing along the shore in Portneuf-sur-Mer, a village about 550 kilometres northeast of Montreal.
A wildfire that tore through homes and businesses in the Halifax area is 100 per cent contained, but a historic fire in southwestern Nova Scotia remains out of control.
Natural Resources Minister Jonathan Wilkinson says the federal government is not ruling out finding ways to achieve net zero sooner than the existing 2050 goal, but would not say whether there would be a definitive commitment to move up the target.
Apple appears poised to unveil a long-rumoured headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
A Ukrainian man rushed to his home outside the central city of Dnipro in hopes of rescuing his family, only to find his two-year-old daughter dead and wife seriously wounded as he helped pull them from the rubble of their apartment destroyed in one of Russia's latest airstrikes of the war, authorities reported Sunday.
Quebec provincial police (SQ) have identified the adult victim of a fishing incident that claimed five lives over the weekend, most of them children. Keven Girard, 37, was among a group of 11 people swept up by the tide late Friday night while fishing along the shore in Portneuf-sur-Mer, a village about 550 kilometres northeast of Montreal.
France will be sending firefighters to aid Quebec as the province continues to battle massive forest fires, French President Emmanuel Macron announced.
The Nova Scotia government says it is investigating the theft of personal information stolen through a global privacy breach to a third-party file transfer system the province was using.
Allowing new Canadians to take the oath of citizenship by clicking a box online is a disgusting idea that will cheapen the process and open the door to fraud -- or a forward-thinking notion that will help decrease a backlog of citizenship applications, depending on who you ask.
A wildfire that tore through homes and businesses in the Halifax area is 100 per cent contained, but a historic fire in southwestern Nova Scotia remains out of control.
Wildfires in northwestern Quebec prompted thousands to evacuate the area over the weekend, as the number of blazes pushed past 140 and the military geared up to fight the encroaching flames -- even as that threat eased slightly Sunday on the North Shore.
The derailment in eastern India that killed 275 people and injured hundreds was caused by an error in the electronic signalling system that led a train to wrongly change tracks and crash into a freight train, officials said Sunday.
China tightened access to Tiananmen Square in central Beijing on Sunday, the anniversary of the military suppression of 1989 pro-democracy protests that left a still unknown number of people dead and discussions and commemorations forbidden within the country.
Debate surrounding Florida's new restrictions on gender-affirming care focused largely on transgender children. But a new law that Republican presidential candidate and Gov. Ron DeSantis signed last month also made it difficult -- even impossible -- for many transgender adults to get treatment.
China's defence minister defended sailing a warship across the path of an American destroyer and Canadian frigate transiting the Taiwan Strait, telling a gathering of some of the world's top defence officials in Singapore on Sunday that such so-called 'freedom of navigation' patrols are a provocation to China.
At least 15 people have died and another eight are missing after heavy rains unleased widespread flooding and several landslides across Haiti over the weekend, authorities said Sunday.
Russian forces declared victory in Bakhmut last month after the longest, deadliest battle since their full-scale invasion of Ukraine began 15 months ago, but Ukrainian defenders aren't retreating. Instead, they are keeping up the pressure and continuing the fight from positions on the western fringes of Bakhmut.
Natural Resources Minister Jonathan Wilkinson says the federal government is not ruling out finding ways to achieve net zero sooner than the existing 2050 goal, but would not say whether there would be a definitive commitment to move up the target.
Jenny Kwan has been outspoken against human-rights violations by the Chinese Communist Party and often advocates for the country's Uyghur Muslim minority. The Hong Kong-born member of Parliament said in an interview with The Canadian Press that that's what made her an 'evergreen' target of the Chinese government.
New study finds increase in antipsychotic drugs use in long-term care homes across Canada, despite no significant increase in behavioural symptoms – something that may expose a potential area of concern for quality of care, researchers say.
The number of people in Canada with inflammatory bowel disease is increasing rapidly and is expected to grow to 470,000 by 2035, according to a new report from Crohn's and Colitis Canada.
Racial bias built into a common medical test for lung function is likely leading to fewer Black patients getting care for breathing problems, a study published Thursday suggests.
Apple appears poised to unveil a long-rumoured headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
The Nova Scotia government says it is investigating the theft of personal information stolen through a global privacy breach to a third-party file transfer system the province was using.
Constructed by a team at London, Ont.’s Western University, a tiny satellite — roughly the size of a Rubik’s cube — will ride aboard a SpaceX mission bound for the International Space Station.
'Spider-Man: Across the Spider-Verse' opened in U.S. and Canadian theatres with a massive US$120.5 million, more than tripling the debut of the 2018 animated original and showing the kind of movie-to-movie box-office growth that would be the envy of even the mightiest of Hollywood franchises.
Apple appears poised to unveil a long-rumoured headset that will place its users between the virtual and real world, while also testing the technology trendsetter's ability to popularize new-fangled devices after others failed to capture the public's imagination.
Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in the OPEC+ alliance failed to push oil higher.
A tanker transporting crude oil broke down in a single-lane part of Egypt's Suez Canal on Sunday, briefly disrupting traffic in the global waterway, Egyptian authorities said.
Constructed by a team at London, Ont.’s Western University, a tiny satellite — roughly the size of a Rubik’s cube — will ride aboard a SpaceX mission bound for the International Space Station.
The joy Paul Maurice felt on the morning of the start of the Stanley Cup Final was also tinged with sadness. The veteran coach knew there were only at most seven more games left to play.
Karim Benzema converted his penalty kick and received a standing ovation from fans before being substituted at the Santiago Bernabeu Stadium, bringing an end to his memorable career with Real Madrid on Sunday.
Max Verstappen had warned that his Red Bull team was good enough to win every single race of the Formula One season. On Sunday he took one more step toward that ambitious sweep by easing to victory at the Spanish Grand Prix.
America apparently needs more car seats. So, when Volkswagen unveiled the ID. Buzz, a retro-styled electric van, last year, it noted that the version for the North American market would be longer and would have three rows of seats.
Max Verstappen had warned that his Red Bull team was good enough to win every single race of the Formula One season. On Sunday he took one more step toward that ambitious sweep by easing to victory at the Spanish Grand Prix.
