CBA’s Federal Government ITC Advocacy
This month, the CBA remained highly engaged with NRCan’s biofuel consultation as it drew to a close, and began follow-up engagement to build broader awareness across government of the immediacy of industry needs. On August 23rd, the CBA sent dedicated letters to Minister Wilkinson and Minister Freeland highlighting the urgent need to support biogas & RNG in Canada through an Investment Tax Credit (ITC) equivalent to what is available to clean hydrogen. In the last week of August, CBA also had meetings with Senior Policy Advisors in the Prime Minister’s Office and NRCan Minister’s Office to discuss the critical state of play for Canadian biogas & RNG development following the Inflation Reduction Act, and solutions such as urgent expansion of the ITCs for clean hydrogen and clean technology. The CBA will continue meeting with officials and raising this issue at the political level over the coming weeks to ensure that biogas & RNG can reach its full potential and play a role in Canada’s clean transition. The CBA will continue to update members on ongoing advocacy for ITC inclusion as federal budget priorities are developed.