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The government first promised 18 months ago to develop carbon contracts for difference, or CCfDs, which have taken on added urgency amid huge subsidies for similar American projects
Prime Minister Justin Trudeau s Liberal government has pledged a bevy of investment tax credits worth some C$27 billion over five years to spur investment in green tech, partly in response to generous incentives on offer in the US for more than a year.
More than a year after
Canada first announced incentives to jumpstart clean technology
projects there is still no money flowing, and if they are not in
place soon, more than C$50 billion in.