Government policies – Sustainable Development Technology Corporation - Cleantech - Canada

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Government Policies – SDTC – Canada By: Paul Young, CPA, CGA

Transcript of Government policies – Sustainable Development Technology Corporation - Cleantech - Canada

Page 1: Government policies – Sustainable Development Technology Corporation - Cleantech - Canada

Government Policies – SDTC – Canada

By: Paul Young, CPA, CGA

Page 2: Government policies – Sustainable Development Technology Corporation - Cleantech - Canada

Disclaimer• This presentation is on view of trade data for Canada. It is up to

individuals to do their own research as part evaluating government polices and their impact on the markets.

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Paul Young - Presenter

Bio• CPA/CGA• 25 years of experience in Academia, Industry and Financial solutions• Youtube Channel -

https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg

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Agenda• What is SDTC?• What is it Role• How does SDTC benefit Clean Technology• Where does Canada rank in Clean Technology• What is next for Clean Technology

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What is SDTC• SDTC works to bring economically viable, clean technologies to

market. We invest in globally competitive Canadian companies that produce tangible environmental benefits that also makes Canada's economy more competitive.”

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What it is the SDTC role• To provide seed money to help move clean technology from

incubation to market • Since 2001 - stats

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Cleantech market in Canada

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Canada Cleantech investment by province

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Where is clean technology investments

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Where is clean technology investments

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What’s next for Canada• Be a full partner in the work, already underway by provinces and territories, to develop a

Canadian Energy Strategy that delivers energy security and energy conservation.• Invest $200 million annually to create sector-specific strategies that support innovation and

clean technologies in forestry, fisheries, mining, energy, and agricultural sectors.• Invest $100 million annually in clean technology producers, so that they can tackle

Canada’s most pressing environmental challenges, whether in our air, in our water, or on our land.

• Work with provinces, territories, universities, and colleges to support emerging clean tech companies, including research, the commercialization of new products, and training Canadians to be properly skilled for the industries of the future.

• Join with the provinces to set stronger air quality standards, creating incentives for investments that lead to cleaner air, healthier communities, and better quality of life for all Canadians

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Latest Investment• Alberta and Canada to invest $40 million to create green jobs, help business advance clean

technology, and reduce greenhouse gas emissions• The first program will invest $74 million toward helping large businesses adopt new energy

efficiency technologies. The government said the program will help cut emissions while supporting Ontario’s cleantech startups. The province is partnering with the Ontario Centres of Excellence on the project. As the main investment assists the province’s larger businesses, Ontario will also direct $25 million to the Green Smart energy efficiency program, which is designed to help small and medium-sized businesses reduce emissions and become more energy efficient. The Liberal government said the program will be delivered by Canadian Manufacturers & Exporters

• The Minister of Innovation, Science and Economic Development, Navdeep Bains, today announced over $206 million in funding for 36 clean technology projects across Canada. Investing in innovation, supporting clean technology and encouraging sustainable practices will help create jobs, expand access to international markets and make Canadian companies more competitive in the global economy.