Policy Paper

Capitalizing on Green: Fostering Canada’s Cleantech Entrepreneurs

Released:20 April 2014

Theme: Green energy

Author(s): Jane Ambachtsheer, Caroline Charest, Bart Kasowski, Jason Mitschele, Rick Nielsen

Advisor(s): Bob Foulkes

Canada offers fertile ground for a thriving industry based on clean, or green, technologies that use natural resources more efficiently for superior performance at lower cost. These technologies can be applied to many sectors, including water purification, agriculture, energy generation and manufacturing.

Yet Canadian governments at all levels are not stimulating growth in this area.

The Capitalizing on Green Task Force sought to address this issue by interviewing ëcleantechí entrepreneurs across the country for their views on policies that could stimulate growth.

The Task Force then established five recommendations to help all levels of Canadian government to better promote Canadian cleantech entrepreneurship. The recommendations included the development of a vision for cleantech in Canada, removal of barriers to foreign venture capital investment, more procurement of green products at the governmental level, streamlining consumer incentives for consumers and corporations and allowing customers to be credited for electricity they supply to the grid.

This group had had three op-eds published: