Provinces May Have to Agree to Ottawa’s 2035 Clean Power Target to Access Funding

Provinces May Have to Agree to Ottawa’s 2035 Clean Power Target to Access Funding
Minister of Natural Resources Jonathan Wilkinson arrives to take part in a press conference on Parliament Hill in Ottawa on June 15, 2023. The Canadian Press/Sean Kilpatrick
The Canadian Press
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The federal government is considering restricting billions of dollars in tax credits and grants for electricity projects to provinces that commit to the 2035 target for an emissions-free electricity grid.

The federal budget already made clear the restriction would be in place for the new refundable 15 per cent clean electricity investment tax credit, which is for investments in non-emitting electricity production, storage and interprovincial transmission.