As more and more countries pledge to reduce emissions, including Canada’s closest trading partners, the materials required to build a net-zero world are increasing in demand.
The good news is that many of Canada’s heavy industries—like steel, mining, cement, and wood—are lower carbon than their global peers, giving them a competitive advantage.
Already, heavy industries employ 300,000 Canadians, more than oil and gas, and with 127 countries around the world now working toward carbon neutrality, Canada’s comparatively clean sectors are ideally positioned to grow.