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Five things to know about Canada’s electricity overhaul as budget spurs clean tech

News Snapshot:

Here’s a snapshot of Canada’s power situation and Ottawa’s aspirations of what it could be Clean electricity was one of the stars of Tuesday’s federal budget, with almost $1 in every $8 of new spending the budget anticipates in the next five years targeting Canada’s electricity dreams. That includes a new tax credit worth 15 per cent of investments made to build new renewable energy infrastructure, including wind and solar plants, nuclear reactors, emissions-trapping natural gas plants, new transmission lines between provinces and territories and stationary electricity storage, such as batteries. The tax credit is set to kick in a…

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