Understanding Canada's Federal Support for Renewable Electricity

Publication - June 12, 2009 - By Tim Weis

Worldwide, renewable energy had a record year in 2008, attracting over US $120 billion. Many countries are making major investments in renewable energy to help stimulate their economies as they benefit from the environmental and energy security improvements inherent in renewable energy projects. Based on the most recent budgets, the United States will outspend Canada on renewable energy by a factor of almost 14. This document outlines the status of the active federal incentives for renewable power in Canada and provides a comparison to similar incentives for renewable power development in the United States.

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