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Glen Hodgson on BNN: Federal budget should have direct, but selective response to U.S. IRA

Glen Hodgson, fellow-in-residence at the think tank C. D. Howe, joins BNN Bloomberg to preview some clean tech initiatives expected from Tuesday’s federal budget. He says Canada does not need to match the U.S.’s $400-billion tax credits and subsidies, but needs to unlock more financing for green technologies without large budgetary costs by using Crown corporations. He also wants Ottawa to partner provinces in new investments in renewable power generation from sources like solar, wind and geothermal energy.

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