Trans Mountain has earned $70 million since purchase | Canada's National Observer: Climate News

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November 22nd 2018

The Trans Mountain pipeline has generated $70 million in earnings since it was bought by the Canadian government, Finance Minister Bill Morneau's fiscal update revealed Wednesday.

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Morneau bets on new tax gift for wind and solar, also helps out oil and gas The Trudeau government is hoping that a new tax incentive for businesses investing in wind turbines and solar panels will help juice investment and job growth in Canada's clean energy sector. Carl Meyer News, Energy, Politics \| November 21st 2018

New tax incentives for investment could increase Canada's emissions Big greenhouse-gas emitters will be able to take advantage of new federal tax incentives Finance Minister Bill Morneau promised on Wednesday, November 21, 2018, even if that means more emissions, the government says. Mia Rabson News, Politics \| November 22nd 2018

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Morneau's update bolsters struggling media with $600 million in tax measures The federal government is stepping in to help the struggling Canadian media industry with new tax credits and incentives valued at nearly $600 million over the next five years. The Canadian Press News, Politics \| November 22nd 2018

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