4 key sectors in Canada’s clear financial system have potential ‘tasks of nationwide curiosity’ able to be prioritized: report

Canada ought to guarantee its ‘undertaking of nationwide curiosity’ designation helps construct aggressive clear industries, not simply particular person tasks, beginning with 4 key focus areas, in line with a brand new report from the One Canadian Clear Economic system Activity Drive.

These focus areas—clear electrical energy transmission, crucial minerals refining, electrical automobile charging, and sustainable modular homebuilding—current alternatives to attract out the best potential worth from our pure assets, construct high-productivity industries, broaden export alternatives, and leverage our home market.

The duty power’s new report, Connecting the Dots, additionally highlights potential ‘tasks of nationwide curiosity’ inside these 4 sectors that could possibly be realized in Canada right this moment:

• A transmission line connecting Nova Scotia’s huge offshore wind undertaking, Wind West, to manufacturing hubs in Ontario and Quebec.

• Battery supplies refining within the Central Alberta Hall to create extra worth from our crucial minerals mining.

• A nationwide EV charging community to assist Canada’s EV and charging trade and higher leverage non-public capital.

• And modular housing hubs in Ontario and B.C. to drive the development of extra inexpensive houses with Canadian building supplies.

In all these instances, there’s a function for the federal authorities to play, each by addressing project-specific wants and by guaranteeing the connective infrastructure and insurance policies are in place to spur exercise and personal funding.

These tasks are additionally extraordinarily fashionable with Canadians, with assist ranges starting from 68% to 81%, in line with a brand new ballot from Abacus Knowledge and Clear Vitality Canada additionally launched right this moment (polling outcomes for all 4 tasks under).

Connecting the Dots contains extra particulars on these alternatives, their many advantages, the boundaries they presently face, and the way authorities management and a strategic use of the “undertaking of nationwide curiosity” designation may make them actual—and main property for Canada.

The One Canadian Clear Economic system Activity Drive is made up of members representing firms throughout crucial minerals, batteries, clear transportation, clear buildings, forest merchandise, clear electrical energy, and clear know-how. 

Report

Report | Connecting the Dots

The One Canadian Clear Economic system Activity Drive members

‍Vittoria Bellissimo, President and CEO, Canadian Renewable Vitality Affiliation

Daniel Breton, President and CEO, Electrical Mobility Canada

Mark Chapeskie, Vice President of Packages, Electrical energy Human Sources Canada

Lynn Côté, Government Director, Canada Cleantech Alliance

Corey Diamond, Government Director, Effectivity Canada

Sean DeVries, Government Director, Battery Metals Affiliation of Canada

Rachel Doran, Government Director, Clear Vitality Canada

Peter McArthur, Board Chair, Canada Cleantech Alliance

Eric Johnson, Vice President, Federal Authorities Relations, Forest Merchandise Affiliation of Canada

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