A new report by the Parliamentary Budget Officer (PBO) says the federal government’s tax credit encouraging companies to invest in carbon capture technology will likely cost more than Ottawa estimated.
The PBO’s Feb. 1 report estimates the cost of the investment tax credit for carbon capture, utilization, and storage (CCUS) at $5.7 billion for the six years from 2022–23 to 2027–28.
A second PBO report released on the same day, which examined a separate federal tax credit, for investments in clean hydrogen, estimates that it would reduce federal revenues by $5.7 billion over five years, from 2023–24 to 2027–28.
Lumped together, the two investment tax credits could cost more than $11 billion—roughly a billion more than what Ottawa estimated.
One environmental group points out that they could end up costing even more.
“These tax credits are being designed without a ceiling,” said the group Environmental Defence in a Feb. 1 statement. “That means the final cost for Canadian taxpayers could end up being much, much greater.”
The Comfortable Collapse: How America Learned to Pretend Obesity Is Normal
The America of 1960 was healthier than the America of 2025 because they lived in an environment that did not conspire against physiology.
Independent Medical Alliance Sep 17
By IMA Co-Founder Dr. Joseph Varon
Originally published by The Brownstone Institute on 09/16/2025
Walk into any American airport today and pause. Look around at the travelers waiting at the gate, the families queuing for fast food, the crowds rushing past. You are looking at a country that our grandparents would not recognize. In less than three generations, the very shape of the American body has shifted so dramatically that what would once have been regarded as rare or concerning is now routine. Airplane seats have been widened, retail clothing racks have been extended, mannequins have been reshaped, and soda cups have been enlarged. Entire industries have recalibrated to accommodate a physiology that is neither healthy nor sustainable.
Yet our cultural ...
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