Budget goes big on green spending as environmental

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Budget goes big on green spending as environmentalists criticize tax credits for carbon capture | CBC News - Today News Post News Today || Canada News |

As the world confronts a warming climatere going to end up i, the federal Liberals are committing billions more dollars?to reduce greenhouse gas emissions across the economy and help drive a “green recovery” from the pandemic-induced economic slowdown.

Finance Minister Chrystia Freeland?tabled a budget today that sets aside?$17 billion in?new?direct spending and tax relief measures that the government hopes will?decarbonize heavy industry, build a cleaner economy and create jobs.

“We are at a pivotal moment in the green transformation,” Freeland said in a speech to the House of Commons.?

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