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Saturday, November 2, 2024
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Green transition tax credits needed quickly, but some eligibility concerns remain, say energy sector advocates

Bill C-59, which includes draft legislation for tax credits related to clean technology and carbon capture, utilization and storage, is currently at second reading in the Senate.

Environment Minister Steven Guilbeault said that the 2023 federal budget outlined more than $80-billion in measures to fight climate change, starting with proposed investment tax credits for clean energy and technology. The Hill Times photograph by Andrew Meade
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