Canada\u0027s financial support for the clean energy transition is competitive with the US Inflation Reduction Act, TD Bank says. Read more.
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The report by TD Economics refutes the arguments made by some business leaders who say Canada risks missing out on investment because of the spate of clean energy subsidies and incentives the U.S. government is offering.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
The bank says this compares favourably to the U.S. Inflation Reduction Act’s estimated US$393 billion in spending, or 1.5 per cent of nominal GDP.
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Canada's financial support for clean energy transition is competitive with U.S., TD report saysCanada\u0027s financial support for the clean energy transition is competitive with the US Inflation Reduction Act, TD Bank says. Read more.
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