“As we speak’s Throne Speech hit on numerous acquainted factors for this new authorities, however we imagine a typical theme has emerged beneath this new imaginative and prescient for Canada: that it’s a time for change, not established order considering.
“Change means rethinking our commerce relationships, investing in new and rising industries, constructing sooner and extra effectively, and guaranteeing that affordability and sustainability are written into the DNA of all of those efforts from day one. It’s clear, as talked about within the Throne Speech, that Canada can and will motion an industrial technique that may each make us extra globally aggressive and fight local weather change. These will not be distinct however complementary targets.
“A number of research, from the Worldwide Power Company to modelling accomplished in Canada, discover that family vitality payments will shrink as we close to internet zero. Our analysis at Clear Power Canada has equally discovered that, already, switching to scrub vitality saves households cash—even once you consider upfront prices.
“Additionally it is the case that constructing with low-carbon development supplies doesn’t want so as to add price to constructing, however it could critically decrease emissions. In each circumstances, what’s required is foresight. And a recognition that we should not solely construct properties affordably—however properties which can be reasonably priced to reside in month to month.
“Constructing these properties is a chance to assist industries and jobs right here at residence, however it’s removed from Canada’s solely rising financial alternative. Canada has commerce agreements with 60% of the worldwide economic system, making us properly positioned to minimize our reliance on U.S. markets. And as current Clear Power Canada evaluation exhibits, amongst our 10 largest non-U.S. commerce companions, all of them have net-zero commitments and carbon pricing programs, and roughly half apply carbon border changes on imports and have home EV necessities reshaping their automobile markets.
“The potential for Canada’s important minerals, progressive clear applied sciences, and low-carbon industrial merchandise is big, ongoing, and a possibility whose future we could be sure of. This yr, one in 4 vehicles offered globally can be electrical. Donald Trump’s America is just not the rule—however the belligerent, non permanent exception.
“To construct up Canada’s greatest long-term alternatives whereas additionally bettering affordability for households, the federal authorities should make investments available in the market right here at residence. In brief, you’ll want to purchase what you’re constructing if you wish to compete overseas, from low-carbon supplies to electrical vehicles and the elements that go into them. When governments “Purchase Clear,” they’re disproportionately procuring and supporting Canadian industries. In the meantime, serving to Canadians entry and financially profit from these applied sciences by reducing the bar to entry is vital—from incentives, to extra aggressive choices, to important infrastructure upgrades.
“We stay up for working with the brand new federal authorities and holding it accountable to its imaginative and prescient. In spite of everything, we agree with the central premise: now is just not the time for established order considering.”
