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This Week's Highlights

ICYMI: References of interest from Canada’s Speech from the Throne

In case you missed it, last week’s federal Speech from the Throne included a number of references of interest for Newfoundland and Labrador’s the clean technology and environmental services sector. These included:

On International Commitments:

“The Government will immediately bring forward a plan to exceed Canada’s 2030 climate goal. The Government will also legislate Canada’s goal of net-zero emissions by 2050.”

On Buildings and Homes:

Government will “Create thousands of jobs retrofitting homes and buildings, cutting energy costs for Canadian families and businesses”

On Climate Change:

Government will “Invest in reducing the impact of climate-related disasters, like floods and wildfires, to make communities safer and more resilient”

On Transit:

Government will “Help deliver more transit and active transit options”

On Electric Cars:

Government will “make zero-emissions vehicles more affordable while investing in more charging stations across the country.”

On Investments and Taxes:

“The Government will launch a new fund to attract investments in making zero-emissions products and cut the corporate tax rate in half for these companies to create jobs and make Canada a world leader in clean technology.

On Renewable Energy:

Government will “Transform how we power our economy and communities by moving forward with the Clean Power Fund, including with projects like the Atlantic Loop that will connect surplus clean power to regions transitioning away from coal; and support investments in renewable energy and next-generation clean energy and technology solutions.”

On Natural Resources:

Government will “Support manufacturing, natural resource, and energy sectors as they work to transform to meet a net zero future, creating good-paying and long-lasting jobs; and recognize farmers, foresters, and ranchers as key partners in the fight against climate change, supporting their efforts to reduce emissions and build resilience.”

On Oceans:

“Government will look at continuing to grow Canada’s ocean economy to create opportunities for fishers and coastal communities, while advancing reconciliation and conservation objectives.”

On Plastic:

“The Government will ban harmful single-use plastics next year and ensure more plastic is recycled.”

Click here to read the entire speech.

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