LES POSSIBILITÉS DE LA TRANSITION CARBONEUTRE
Summary
The report analyzes how Canadian provinces are positioned to benefit from the global shift toward a net-zero economy, identifying leaders and laggards in the creation of clean-growth enterprises. It highlights that while Ontario, Quebec, British Columbia, and Alberta lead in company creation and investment, other provinces show varying levels of progress. The document outlines ten promising transition markets—including clean electricity, batteries, and hydrogen—and provides five strategic recommendations for provincial and federal governments to enhance competitiveness, attract private investment, and ensure a just transition for vulnerable rural and Indigenous communities.
Key insights
- Canada's four largest provinces—Ontario, Quebec, British Columbia, and Alberta—are the leaders in creating transition-oriented companies, mobilizing private investment, and developing firms capable of competing in international markets.
- There is a significant disparity in the number of clean-growth companies across provinces; as of 2020, Ontario, Quebec, British Columbia, and Alberta each had over 100 such companies, while New Brunswick, Newfoundland and Labrador, and Prince Edward Island had only six each.
- Quebec and British Columbia are the most effective provinces at mobilizing capital for transition-related companies relative to their share of the national GDP.
- The report identifies ten promising transition markets for Canadian companies: clean electricity, batteries and storage, low-carbon transport, building technologies, carbon capture, utilization and storage (CCUS), hydrogen and clean technologies, mining technologies, alternative proteins and agricultural technologies, bioproducts and bioenergy, and industrial transition.
- A direct correlation exists between the ambition and certainty of provincial climate policies and the level of funding and development for transition projects; conversely, policy reversals in Ontario and Alberta have created investor distrust.
- The transition poses a high risk to over 800,000 workers in vulnerable sectors, with rural, remote, and Indigenous communities being the most exposed.
- A critical barrier to growth across all provinces is a shortage of skilled labor, which hinders the ability to attract and retain high-potential companies.
- The report suggests that federal policies, such as the 2030 Emissions Reduction Plan and a 15 billion dollar growth fund announced in the 2022-2023 budget, are essential for providing strategic certainty and mobilizing private finance.
Cite the original document
- APA
- Arnold, J., Samson, R., Gibson, S., & Ding, A. (2022). LES POSSIBILITÉS DE LA TRANSITION CARBONEUTRE. Canadian Climate Institute. https://institutclimatique.ca/wp-content/uploads/2022/05/Provincial-summary-FR.pdf
- Chicago
- Arnold, Jonathan, Rachel Samson, Sachi Gibson, and Antonio Ding. LES POSSIBILITÉS DE LA TRANSITION CARBONEUTRE. Canadian Climate Institute, 2022. https://institutclimatique.ca/wp-content/uploads/2022/05/Provincial-summary-FR.pdf.
- Wikipedia
- {{cite report |last1=Arnold |first1=Jonathan |last2=Samson |first2=Rachel |last3=Gibson |first3=Sachi |last4=Ding |first4=Antonio |title=LES POSSIBILITÉS DE LA TRANSITION CARBONEUTRE |publisher=Canadian Climate Institute |date=May 2022 |url=https://institutclimatique.ca/wp-content/uploads/2022/05/Provincial-summary-FR.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{arnold2022les, author = {Arnold, Jonathan and Samson, Rachel and Gibson, Sachi and Ding, Antonio}, title = {{LES POSSIBILITÉS DE LA TRANSITION CARBONEUTRE}}, institution = {Canadian Climate Institute}, year = {2022}, month = may, url = {https://institutclimatique.ca/wp-content/uploads/2022/05/Provincial-summary-FR.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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