JULES BOUDREAU, SENIOR ECONOMIST, MACKENZIE INVESTMENTS If other countries are able to green their infrastructure much faster maybe they will attract more investment in terms of the production and so on of these new technologies which means that Canada may not have the kind of economic benefits from that aspect of the economy.' 'I think there is a risk to not doing it (energy transition spending). That's not what we are hoping for but everything depends on how the economy responds to world conditions, or how the green conditions happens and those are still big unknowns.' 'So the deficit plans have been pushed higher and the back balance will be pushed out later beyond the forecast horizon.

So the revenue forecast is quite modest and they've boosted up their green energy transition spending.' They are obviously worried about the recessionary conditions that are in store for the rest of the year. 'The overall take is that they are being conservative on the outlook side. TED MALLETT, DIRECTOR OF ECONOMIC FORECASTING AT THE CONFERENCE BOARD OF CANADA TORONTO (Reuters) - Canada on Tuesday sought to close competitive gaps with United States with a budget aimed at attracting investment in the low-carbon economy, including tax incentives for electric-vehicle (EV) manufacturers and expanding the electricity grid.

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