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.

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