Canada’s economy continues to outperform those of most other industrialized countries. Driving this remarkable performance are a series of competitive advantages, such as low business costs and corporate tax rates, ready access to markets, a highly skilled and educated workforce, strong public support for R&D and stable, robust financial institutions.
The development of clean technologies is a priority for all levels of government in Canada, at the federal, provincial, territorial and regional levels.
- Canada has the third-largest renewable energy capacity in the world. Renewable sources generate 17 percent of its total primary energy supply and more than 60 percent of its total electricity capacity.
- Canada is the sixth-largest consumer of electricity in the world. The US, the world’s largest electricity consumer, is Canada’s primary trading partner.
- Between 2003 and 2011, 126 foreign companies established greenfield projects in Canada’s renewable energy sector.
- The Government of Canada has set a goal of generating 90 percent of Canada’s electricity from zero-emitting sources by 2020.
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