“At this time’s Throne Speech hit on quite a lot of acquainted factors for this new authorities, however we consider a standard theme has emerged beneath this new imaginative and prescient for Canada: that it’s a time for change, not establishment pondering.
“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 may motion an industrial technique that may each make us extra globally aggressive and fight local weather change. These are usually not distinct however complementary goals.
“A number of research, from the Worldwide Power Company to modelling accomplished in Canada, discover that family power payments will shrink as we close to web zero. Our analysis at Clear Power Canada has equally discovered that, already, switching to scrub power saves households cash—even once you think about upfront prices.
“Additionally it is the case that constructing with low-carbon building supplies doesn’t want so as to add price to constructing, however it might critically decrease emissions. In each instances, what’s required is foresight. And a recognition that we should not solely construct properties affordably—however properties which can be inexpensive to dwell in month to month.
“Constructing these properties is a chance to assist industries and jobs right here at house, however it’s removed from Canada’s solely rising financial alternative. Canada has commerce agreements with 60% of the worldwide financial system, making us nicely positioned to reduce our reliance on U.S. markets. And as current Clear Power Canada evaluation reveals, amongst our 10 largest non-U.S. commerce companions, all of them have net-zero commitments and carbon pricing methods, and roughly half apply carbon border changes on imports and have home EV necessities reshaping their automotive 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 will be sure of. This yr, one in 4 vehicles offered globally can be electrical. Donald Trump’s America will not be the rule—however the belligerent, momentary exception.
“To construct up Canada’s finest long-term alternatives whereas additionally bettering affordability for households, the federal authorities should make investments available in the market right here at house. In brief, you must purchase what you’re constructing if you wish to compete overseas, from low-carbon supplies to electrical vehicles and the parts 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 look ahead to working with the brand new federal authorities and holding it accountable to its imaginative and prescient. In any case, we agree with the central premise: now will not be the time for establishment pondering.”
