Focus on Finance
France cuts EV subsidy for higher-income buyers
PARIS (Reuters) – The French government on Tuesday cut by 20% a subsidy higher-income car buyers can get for purchasing electric and hybrid...
Enbridge reports $1.73B fourth-quarter profit compared with loss a year earlier
CALGARY — Enbridge Inc. reported a profit of $1.73 billion in its fourth quarter compared with loss a year earlier when it took...
HSBC partners with Google to hit $1 billion climate tech finance goal
LONDON – Britain’s biggest bank HSBC has partnered with Google to finance fast-growing climate technology firms behind some of the world’s most promising...
Business funding on climate action needs to “rise exponentially”: RBC report
TORONTO — A report from RBC says business funding for climate action needs to “rise exponentially” for the country to be on course...
China drops to second in BloombergNEF’s Global Lithium-Ion Battery Supply Chain Ranking as Canada comes out on top
The fourth edition of BNEF’s ranking finds Canada’s raw material resources, strong integration with the US automotive sector, and clear policy commitments have...
Canada leaps to top spot in BloombergNEF battery supply chain ranking
For the first time, Canada has surpassed China to lead BloombergNEF’s annual ranking based on an analysis of 46 metrics in five categories...
Brookfield announces $10 billion first closing for second Brookfield Global Transition Fund
World’s largest private fund dedicated to investing in the net zero economy On track to exceed previous transition fund size BROOKFIELD, NEWS, Feb. 05,...
