Liberals ‘must stop moving so ponderously’ on tax credits to catch global rivals, say renewable-energy advocates

The Liberal government has proposed several investment tax credits intended to support the energy transition, but none have yet passed into law.
Energy Minister Jonathan Wilkinson appeared at the Canada-United Kingdom Industrial Decarbonization Forum on Feb. 15, and said that Canada is 'in a global competition, in terms of building the economy of the future,' but warned that China is a world leader in renewable energy.

Pushing forward long-awaited net-zero investment tax credits should be a high priority if Canada is to accelerate the energy transition and close the gap with China, according to the federal director of the Canadian Renewable Energy Association.

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