Government Policies – SDTC – Canada
By: Paul Young, CPA, CGA
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.
Paul Young - Presenter
Bio• CPA/CGA• 25 years of experience in Academia, Industry and Financial solutions• Youtube Channel -
https://www.youtube.com/channel/UCAArky1bAXPSuV2NLtUnyLg
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
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.”
What it is the SDTC role• To provide seed money to help move clean technology from
incubation to market • Since 2001 - stats
Cleantech market in Canada
Canada Cleantech investment by province
Where is clean technology investments
Where is clean technology investments
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
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.