First agreement in Canada to reduce the carbon impact of air travel
Edmonton International Airport (EIA) and Air Canada are signing a new partnership to reduce carbon emissions and advance a green and sustainable aviation sector.
The EIA-Air Canada Sustainability Partnership aims to reduce the carbon impact of air travel with both organizations working together to test emerging green technologies at EIA s Airport City Sustainability Campus, an ecosystem that EIA created to foster environmental innovation. The partnership reflects both corporations pledges to sustainability and reducing carbon emissions to a net-zero future.
The EIA-Air Canada Sustainability Partnership will focus on initiatives that will promote a cleaner environment and include the following:
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The Philippines so-called corporate recovery and tax incentives for enterprises (CREATE) act, which was signed into law last month, aims to provide financial relief to companies in need while increasing the country s competitiveness within the region, he told CNBC Tuesday.
The law reduces the corporate income tax rate formerly the highest among Southeast Asian nations at 30% to 25% for large companies and 20% for small businesses.
It also unifies the government s inbound investment program, bringing it closer in line with financial hubs like Singapore, and granting the president more powers to give non-fiscal incentives to businesses, Dominguez said. We patterned our program after the Singaporean system, he said in reference to its coordinated strategy of attracting and incentivizing overseas investments.