L’Inflation Reduction Act des États-Unis : quelles options pour le Canada ?

The US Inflation Reduction Act, investing $370 billion over 10 years, threatens to divert private capital away from Canada. The Canadian Climate Institute outlines three responses: strengthening existing policies like carbon pricing, implementing broad subsidies similar to the US model, or adopting a targeted approach based on Canada's competitive advantages.

• The US Inflation Reduction Act is the most comprehensive investment in climate solutions in US history, allocating $370 billion over 10 years to accelerate the energy transition through tax credits, grants, and loans for clean technologies. Its goals are to reduce US emissions to 40% below 2005 levels by 2030, create green jobs, and lower inflation.
• The US law creates a risk that investors and developers will migrate to the United States, potentially leaving Canada unable to mobilize the private capital required to reach its 2050 net-zero target. However, it may also provide export opportunities for Canada in batteries, electric vehicles, and construction materials.
• Canada has three primary policy options to respond: 1) Strengthening existing tools such as carbon pricing, the 2022 federal budget's Canada Growth Fund and Canadian Innovation and Investment Corporation, and carbon contracts for difference; 2) Adopting a broad subsidy approach similar to the US, which could help low-income households but risks excessive corporate profits and fiscal strain; or 3) Implementing targeted policies based on specific competitive advantages and strategic tools to distribute risk.
• Current Canadian tools, including carbon pricing, are sometimes less generous and more complex for investors than the US programs, and they do not sufficiently help project developers offset profit gaps for low-carbon export products.

APA

Canadian Climate Institute (2022). L’Inflation Reduction Act des États-Unis : quelles options pour le Canada ? https://institutclimatique.ca/inflation-reduction-act-quelles-options-pour-le-canada/

Chicago

Canadian Climate Institute. L’Inflation Reduction Act des États-Unis : quelles options pour le Canada ? 2022. https://institutclimatique.ca/inflation-reduction-act-quelles-options-pour-le-canada/.

Wikipedia

{{cite report |author=Canadian Climate Institute |title=L’Inflation Reduction Act des États-Unis : quelles options pour le Canada ? |date=2 November 2022 |url=https://institutclimatique.ca/inflation-reduction-act-quelles-options-pour-le-canada/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{canadianclimateinstitute2022linflation, author = {{Canadian Climate Institute}}, title = {{L’Inflation Reduction Act des États-Unis : quelles options pour le Canada ?}}, institution = {Canadian Climate Institute}, year = {2022}, month = nov, url = {https://institutclimatique.ca/inflation-reduction-act-quelles-options-pour-le-canada/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }