Tax credits: A multi-billion-dollar gamble on industry with no guarantee of just transition
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Facts
14 April 2023
Canada is spending $88 billion over ten years to transition to a lower-carbon economy, but it needs to spend much more to save lives and the planet.
Experts project Canada will need to spend $570 billion over ten years on climate investments in order to avoid catastrophic climate change. We can raise that revenue by taxing corporations and their wealthy owners who have profited from climate change.
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This article originally ran in the Ottawa Citizen.
By Katrina Miller and Leila Sarangi