[Natalia]

Can you speak to incentives provided to biogas sector in Canada? Will the federal ITC be extended fully to biogas? If the UCP wins the next election how might that change incentives?

Discussion

[Ryan]

I think our first few big wins came this year with the new Federal Budget, the expansions to the CFR, Clean Fuel Fund, and Canada Infrastructure Bank. Some details will be expanded on in the fall economic statement, but the industry is definitely on the radar of Ottawa. The industry, and the CBA, continue to voice the request for a Federal ITC, however, we don’t have an answer for certain on this. My prediction is the fall economic statement will be a sort of litmus test for further support in the 2025 budget.

With regard to a change of government, among the changes a PC government might bring, it is uncertain whether biogas/RNG incentives might be targeted. The industry benefits from a wide reach of support, apart from just the renewable space, from waste management (and waste operators), to energy utilities, to farms and WWTPs. Governments in Canada, of any stripe, respond to these various interest groups. Perhaps this is my own optimism on the matter, but I don’t believe a federal change of government of any kind will negate the progress the industry has made over recent years.

• This reply was modified 6 months, 2 weeks ago by  Ryan. Reason: typo
• This reply was modified 6 months, 2 weeks ago by  Ryan. Reason: typo