Pre Budget Update: CCUS

On Monday, the government will present the first budget in over two years. My colleagues and I have been pressing hard for the Liberals to include a refundable tax credit for carbon capture, utilization and storage - similar to what is offered in the US - so that Canadian companies can be internationally competitive in the critical task of reducing Canada's carbon footprint. We have some of the finest technology in the world for this important task, but we have to compete with US companies, and it is time to put our companies on a level international playing field. I will be watching with interest to see if the Liberals will pick up on this great idea that would advance Canada's work in reducing carbon emissions.