Canada's Clean-Tech Race
Canada's transition to a low-carbon economy is inevitable, with the question being who will lead and who will follow.
Canada is on the cusp of a clean-energy revolution, but policy alone won't suffice - private capital, innovation, and Indigenous partnerships must act now.
- Global investment in clean energy surpassed $2.1 trillion in 2024, according to the International Energy Agency (IEA).
- Canada's private investment per capita lags behind OECD peers like Germany and South Korea.
The US Inflation Reduction Act is redrawing North American supply chains, with companies like Stellantis investing $13 billion in US expansion, shifting production and talent away from Ontario.
Every delayed project represents jobs, innovation, and talent leaving Canada.
Author's summary: Canada must accelerate private investment in clean tech.