Ottawa and Alberta have both provided generous investment tax credits. Even more fiscal help is likely on the way

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With the Canada-Alberta Memorandum of Understanding (MOU) signed off on and intense discussions on implementation scheduled for the next few months, many Albertans are wondering how much more provincial government financial support will be heading to the Pathways Alliance Carbon Capture, Utilization and Storage (CCUS) project.

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The April 1st deadline for an agreement between the two governments and the Pathways partners is fast approaching and it’s a prerequisite to approval of the bitumen pipeline to the B.C. coast that Alberta wants. But how much money will be enough? Among other incentives, over the past few years Ottawa and Alberta have both provided investment tax credits for CCUS. November’s federal budget proposed extending Ottawa’s for five years beyond 2030.

But current fiscal........

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