Economic Strategy - Clean Technology Table
Driving transformative innovation and clean growth across all business sectors of the economy through increased development, commercialization and adoption of clean technology solutions.
Audrey Mascarenhas, Questor Technology Inc.
- Mike Andrade, Morgan Solar Inc.
- Wade Barnes, Farmers Edge Precision Consulting Inc.
- Marvin DeVries, Trojan Technologies Inc.
- Malini Giridhar, Enbridge Gas Distribution Inc.
- Jodi Glover, Real Tech Inc.
- Karen Hamberg, Westport Innovations Inc.
- Judi Hess, CopperLeaf Technologies Inc.
- David Isaac, W Dusk Energy Group Inc.
- Andrée-Lise Méthot, Cycle Capital Management
- Christofer Mowry, General Fusion Inc.
- Robert Niven, CarbonCure Technologies Inc.
- Tom Rand, ArcTern Ventures
- Pierre Rivard, TUGLIQ Energy Co.
- Annette Verschuren, NRStor Inc.
- Daryl Wilson, Hydrogenics Corporation
- John Knubley, Innovation, Science and Economic Development Canada
- Philip Jennings, Natural Resources Canada
December 7, 2017 Location: Ottawa, Ontario
On December 7, 2017, the Clean Technology Economic Strategy Table held its first meeting in Ottawa, Ontario. Members gathered to discuss their vision and set a forward workplan to grow Canadian clean technology capabilities.
What we talked about
- Members spoke to why they agreed to join the Table, some highlighting the economic and social opportunities clean technology present for the Canadian economy, while others noted their priorities for clean technology targets, actions and government leadership.
- Members shared their passion and desire to see Canada become a leader in clean technology development and adoption.
- “Climate change and sustainability are the defining issue of our time. We need to be big; we need to be bold.”
- “If you base the economy on resilient technologies, it will make the economy more resilient.”
- Federal presentations set the context on clean technology initiatives stemming from Budget 2017 and the Pan-Canadian Framework on Clean Growth and Climate Change.
- There was an engaged discussion regarding possible elements of the vision statement for clean technology, which will be further refined during future meetings.
- “I would like to see our vision statement speak to reducing our carbon footprint at home and abroad.”
- “I view this as the transition to the economy we want. How do we get the balance of speaking as individuals, as citizens, and what role can clean technology play in getting us to where we need to be—and how do we get there through a better way".
- The participants noted the need for concrete and targeted clean technology actions in four key areas to unlock bottlenecks in the growth of the sector, including:
- Innovation and growing firms to scale;
- Market development and trade;
- Regulation to drive innovation; and
- Jobs and skills.
What we'll do next
- Thematic champions were identified and will move the discussion forward.
- All members will seek opportunities to engage with their communities and gather input to the Table’s discussions.
- The next meeting will take place in January 2018.
Clean technology is a global issue. Canada has diversity and we can use our openness to come together and create solutions. This is our brand.
January 25, 2018 Location: Vancouver, British Columbia
On January 25, 2018, the Clean Technology Economic Strategy Table met in Vancouver, British Columbia. Members gathered to discuss the challenges and opportunities for innovation and growing Canadian clean technology firms to scale.
What we talked about
- The introductory remarks took stock of the work completed to date including a summary of the All-Chairs meeting in December and a debrief of the stakeholder engagement session held in Toronto on January 17, 2018, which explored the theme of Innovation and Growing Firms to Scale.
- “This is a big bold economic play...we can’t solve this problem unless we build billion dollar companies. We can’t shy away from taking our share of the global market, because we need to build this new economy world. It’s about human survival."
- Members furthered the discussion on their aspirational vision and growth targets for the sector. They emphasized the importance of clean technology to achieve competitive and decarbonized economic growth in Canada. Members shared their desire and passion to build a clean technology economy that acts on the convergence of innovation, economic, social and environmental imperatives. The Table will continue to work collaboratively on the vision and targets.
- "...Clean technology is emerging at an explosive rate: unprecedented global demand, acceleration of technologies, how do we position Canada as a global leader?"
- The Business Development Bank of Canada (BDC) presented an overview of recently announced federal funding support to Canadian clean technology firms.
- Ilse Treurnicht, a member of the Government’s Advisory Council on Economic Growth, shared highlights and perspectives from her tenure as CEO of MaRS on successfully growing clean technology firms in Canada. Ms. Treurnicht emphasized that with recent investments made by the federal government in clean technology, there has never been a greater opportunity for the growth of a sector, and that timing is crucial to capitalize and position Canada as a global leader.
- "We have not yet built the capacity to deploy capital at the scale needed fast enough, because our traditional investors have not moved into the market yet...How do we get our most promising companies over the line in the short term and also ensure long term sustainable growth?"
- Members identified and discussed barriers facing the scale-up of Canadian clean technology firms. They built on the work done during the Toronto engagement session to refine key policy ideas and proposals for action. These proposals and insights will continue to be explored and refined, at future meetings.
What we'll do next
- The next meeting will take place in Toronto in March 2018.
- Prior to the next meeting, a stakeholder engagement session will be held in Halifax to identify actionable proposals that address Canada’s need to create an effective clean technology work force, with competitive skillsets to support inclusive and sustainable growth.
...If you step back, there has never been a bigger opportunity, in my lifetime, for any sector, for growth.
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