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Investment Tax Credits

12 Months Ended

Dec. 31, 2019

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Investment Tax Credits

36. Investment Tax Credits

Investment tax credits, arising from qualifying scientific research and experimental development efforts pursuant to existing tax legislation, are recorded as a reduction of administrative and marketing expenses when there is reasonable assurance of their ultimate realization. In 2019, investment tax credits of $11.5 (2018 – $7.3) were recorded.

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Disclosure of investment tax credits.

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