U.S. Inflation Reduction Act causing brain drain of Canadian talent: CEOs

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U.S. Inflation Reduction Act causing brain drain of Canadian talent: CEOs
Carbon Capture And StorageCanadian ScientistsInflation Reduction Act
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BANFF, ALTA. — Some Canadian CEOs say the hundreds of billions of dollars the United States is offering in subsidies for the energy transition is causing a...

BANFF, ALTA. — Some Canadian CEOs say the hundreds of billions of dollars the United States is offering in subsidies for the energy transition is causing a worrisome brain drain of some of this country's top talent.

He warned Canada's failure to keep up is making this country less competitive, and added that bright Canadian scientists and entrepreneurs are moving south because that is where opportunities are. Gates said Canada's existing combination of regulation and incentives for decarbonization is not spurring the same amount of investment in this country as the Inflation Reduction Act has south of the border.

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Carbon Capture And Storage Canadian Scientists Inflation Reduction Act Saskatoon-Based Nutrien Inc. Billions Of Dollars The Canadian Press Ken Seitz

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