Alberta's COVID-19 recovery plan lacked green focus: federal environment ministry ableg cdnpoli
The note’s authors cited the Alberta plan’s commitment to clean up oil and gas sites and invest in clean technology for emissions and reductions.
The note acknowledges the triple threat Alberta was facing at the time — a public health crisis, global economic contraction, and an unprecedented collapse in energy prices.Article contentAlberta’s plan called for billions of dollars in infrastructure spending and an immediate cut to the corporate income tax rate as part of an effort to boost the economy.
The note cites how efforts to diversity the economy focus “mostly on technology and general business attraction” but also the loss of several tax credits that had been designed to boost technology and innovation, including the scientific research and experimental development tax credit, capital investment tax credit and Alberta investor tax credit.
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