The Liberals’ 2023 budget includes a 15 percent refundable tax credit for companies that invest in “clean electricity,” which the Parliamentary Budget Officer (PBO) estimates will reduce federal revenues by $6 billion over four years. A report published on June 29 states the Investment Tax Credit for Clean Electricity will be available for both taxable and…
Clean Electricity Credit Will Cost Federal Government $6 Billion Over 4 Years
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