The Liberal government is setting aside $2.4 billion in the upcoming budget to build capacity in artificial intelligence, Prime Minister Justin Trudeau announced on Sunday.
A federal budget that addresses young Canadians’ affordability challenges will likely have to focus on additional pocketbook issues, such as transit and post-secondary education.
Finance Minister Chrystia Freeland used her fall economic update Tuesday to confirm that the fund – which she launched a year ago in the 2022 fall economic statement – would be the principal vehicle to deliver carbon contracts for difference.
A billion-dollar battery cell production plant in Maple Ridge, B.C., will produce up to 135 million batteries each year as part of Canada's push toward clean technology, Prime Minister Justin Trudeau said on Tuesday, Nov. 15, 2023, during a stop in Metro Vancouver.
Trudeau's office noted that the meeting takes place at one of the ports closest to Europe at a time when both sides of the Atlantic are expanding trade in clean technology.
Canada needs to move faster on renewable energy as a new international energy outlook forecasts demand for all fossil fuels will peak in seven years, Energy Minister Jonathan Wilkinson said on Wednesday, October 25, 2023.
The federal government is considering restricting billions of dollars in tax credits and grants for electricity projects to provinces that commit to the 2035 target for an emissions-free electricity grid.
While the private sector certainly has a role to play, Finance Minister Chrystia Freeland's 2023 budget should not be leaving vital clean-tech investments up to chance.
A second top-up to GST rebate cheques for low-income Canadians and "significant" new tax measures to keep Canada in the green technology game will be among the highlights in Finance Minister Chrystia Freeland's federal budget on Tuesday.
Canada's push for a zero-emission electricity grid will get a significant funding boost in the federal budget on March 28, 2023, including with new tax credits expected to encourage the development of renewable power sources like wind and solar.
The coming federal budget should lower taxes, cap spending and make it easier to build new houses, Conservative Leader Pierre Poilievre said on Sunday, March 12, 2023, as he pinned blame for current economic woes on the Liberals.