Skip to content
Green
Politics

Trudeau Wants to Catch Up With Biden on Clean-Energy Tax Credits

  • Canadian PM promises ‘further steps’ to level playing field
  • Industry fears falling behind in fight for investment
US President Joe Biden praises the passage of the Inflation Reduction Act outside the White House in September.
US President Joe Biden praises the passage of the Inflation Reduction Act outside the White House in September.Photographer: Samuel Corum/Bloomberg

Prime Minister Justin Trudeau’s government has begun crafting plans to even the playing field with the US on investment incentives for carbon capture and other clean energy projects.

Finance Minister Chrystia Freeland and Natural Resources Minister Jonathan Wilkinson, among others, are working on a response ahead of a fiscal update due in coming months, according to two government officials with knowledge of the matter.