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Canada's Green Ribbon Panel urges urgent budget actions to boost clean energy, including tax credits, industrial policy, Indigenous inclusion, and early investments in hydro and nuclear.
The Green Ribbon Panel, chaired by James Scongack, urges Canada to act in its upcoming budget to cement its role as a clean energy leader.
Key recommendations include finalizing investment tax credits by year-end to prevent capital flight, launching a national industrial policy with bulk purchasing and a tariff response fund, and creating a sustainable framework for Indigenous participation in energy projects, including harmonized loan guarantees within 100 days.
The panel also supports early-stage investments in large-scale hydro and nuclear projects through standardized, financeable frameworks to attract private capital, including from Canadian pension funds, aiming to unlock billions in funding and accelerate critical infrastructure development.
El Green Ribbon Panel de Canadá insta a que se tomen medidas presupuestarias urgentes para impulsar la energía limpia, incluidos los créditos fiscales, la política industrial, la inclusión indígena y las primeras inversiones en hidroeléctricas y nucleares.