“Immediately’s Throne Speech hit on plenty 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 established order pondering.
“Change means rethinking our commerce relationships, investing in new and rising industries, constructing quicker and extra effectively, and making certain 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 can each make us extra globally aggressive and fight local weather change. These are usually not distinct however complementary aims.
“A number of research, from the Worldwide Power Company to modelling executed in Canada, discover that family power payments will shrink as we close to internet zero. Our analysis at Clear Power Canada has equally discovered that, already, switching to wash power saves households cash—even if you consider upfront prices.
“It’s also the case that constructing with low-carbon building supplies doesn’t want so as to add price to constructing, however it could significantly decrease emissions. In each instances, what’s required is foresight. And a recognition that we should not solely construct properties affordably—however properties which are 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 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 automobile markets.
“The potential for Canada’s important minerals, revolutionary 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 bought globally shall be electrical. Donald Trump’s America isn’t the rule—however the belligerent, momentary exception.
“To construct up Canada’s greatest long-term alternatives whereas additionally bettering affordability for households, the federal authorities should make investments out there right here at residence. In brief, you might want to 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 sit up for 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 isn’t the time for established order pondering.”