TORONTO—Despatched on behalf of the One Canadian Clear Financial system Activity Drive, for which Clear Vitality Canada serves as secretariat:
As Canada navigates each financial headwinds and world alternatives—from quickly shifting commerce relationships to tasks of nationwide significance—a brand new process power composed of fresh financial system trade associations and organizations has formally launched at this time, with an motion plan for governments scheduled to launch later this fall.
The One Canadian Clear Financial system Activity Drive is made up of members representing firms throughout essential minerals, batteries, clear transportation, clear buildings, forest merchandise, clear electrical energy, and clear expertise.
As its title suggests, the duty power’s forthcoming suggestions will embody options to assist construct one clear, aggressive Canadian financial system. Actions within the plan will give attention to enhancing coverage alignment, constructing enabling infrastructure, and rising demand and funding.
Overwhelmingly, Canada’s largest non-U.S. commerce companions are constructing their very own clear economies, backed by net-zero commitments, carbon pricing techniques, necessary local weather disclosure necessities for public firms, and carbon border changes on imported items. World {dollars} inform an identical story: in 2025, two-thirds of whole worldwide vitality funding will go towards clear vitality applied sciences and infrastructure.
The duty power’s message is obvious: if Canada is to construct a stronger nation, a clear financial system should be on the centre of it.
Quotes from Activity Drive members
“The battery trade is poised to be a cornerstone of Canada’s clear financial system and important to positioning the nation as a clear vitality superpower. Realizing this potential, nevertheless, would require a variety of daring actions together with constructing supporting infrastructure and facilitating workforce growth. With a well-coordinated and strategic method, Canada can foster the event of fresh industries that entice funding, gas innovation, strengthen resilience, and drive sustainable progress.” —Sean DeVries, Govt Director, Battery Metals Affiliation of Canada
“Specializing in sectors that can assist meet the wants of a decarbonizing world is essential—and Canada has the technical experience to be a world participant. Nevertheless, decarbonization depends on having a talented and future-ready workforce. Main labour shortages in key occupations are presently hurdles to rushing up clear vitality tasks throughout the nation. As federal and provincial governments be a part of forces to decrease labour mobility boundaries, it’s essential to give attention to clear financial sectors prepared for the expansion of 1 Canadian financial system. These sectors and their employees needs to be a precedence in these efforts.” —Mark Chapeskie, Vice President of Applications, Electrical energy Human Assets Canada
“Realizing Canada’s future prosperity and safety means inserting a clear financial system on the coronary heart of our nation-building efforts. This process power brings collectively leaders who know the best way to streamline and incentivize commerce and guarantee funding can move extra simply into the sectors our buying and selling companions are more and more prioritizing.” —Rachel Doran, Govt Director, Clear Vitality Canada
The One Canadian Clear Financial 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 Applications, Electrical energy Human Assets Canada
- Lynn Côté, Govt Director, Canada Cleantech Alliance
- Sean DeVries, Govt Director, Battery Metals Affiliation of Canada
- Rachel Doran, Govt Director, Clear Vitality Canada
- Peter McArthur, Board Chair, Canada Cleantech Alliance
- Mahima Sharma, Vice President, Innovation, Surroundings, and Local weather Coverage, Forest Merchandise Affiliation of Canada
In regards to the One Canadian Clear Financial system Activity Drive
The One Canadian Clear Financial system Activity Drive brings collectively leaders from firms and industries that make up Canada’s clear financial system. We characterize the essential minerals, battery, clear transportation, clear buildings, forest merchandise, clear electrical energy, and clear expertise sectors.
We got here collectively to assist chart a path for unlocking the complete potential of Canada’s clear financial system. We provide actionable options supporting the development of fresh nation-building tasks and enabling infrastructure that may unlock higher commerce and exports, in addition to assist entice the wanted investments into these high-growth sectors.