Canadian Opposition Leader Promises Cleantech Investment

Oct 26 2009 | 10:42am ET

Choosing not to invest in cleantech today is like having passed on the internet in 1995 in favor of investing in transistor radios, Canadian Liberal Party leader Michael Ignatieff told business leaders in Vancouver last week.

Speaking to the Vancouver Board of Trade, the official opposition leader promised that, if elected, his government would offer fiscal and tax incentives to encourage Canada’s cleantech sector.

“The jobs of tomorrow are being created elsewhere as we speak. Either we act now, or we spend the next decade wishing we had,” said Ignatieff.

A Liberal government, he said, would foster renewable power projects with a range of incentives, and invest in smart grid technologies.

Ignatieff suggested that as European nations and the U.S. make cleantech programs a priority, Canada, under its Conservative prime minister, Stephen Harper, is falling behind.


In Depth

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Starting a ‘40 Act Fund Family? Don’t Forget Your Board

Apr 30 2015 | 7:18am ET

The convergence of the hedge fund and mutual fund worlds continues unabated, as...

 

Editor's Note