Billions of dollars hang in the balance as Canadian hydrogen companies await specific regulations from the federal government on how they can qualify for a lucrative tax credit.
Companies in Canada’s most eastern province are hoping those rules are on the stricter side.
It’s been more than a year since the Liberal government announced companies would be eligible for tax credits ranging between 15 and 40 per cent, but some significant details remain undecided.
Those details will essentially determine how green a green hydrogen project must be in order to score the top tax break.
“We’ve been promised them now for some time and of course
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