Executive Voice Publishing | The Best of Canada Report: Honoring Canada’s 150 year Legacy of Commercial Success (as seen in Bloomberg and The Wall Street Journal)
Cleantech: Canada’s Cleantech Industry Tackles Challenges from Energy to Agriculture
$17 billion in revenue. 55,000 jobs. 800 companies and growing.
Canada’s rapidly growing cleantech sector has now surpassed traditional industries such as aerospace, automotive, and pharmaceuticals. Cleantech—technology focused on making products and industrial processes more sustainable, environmentally friendly, and efficient—includes innovative work on biofuels, water management, oil and gas, agriculture, and more.
Organizations like Sustainable Development Technology Canada (SDTC) help bring cleantech to market by investing in sustainable companies, while government initiatives and tax incentives have helped spur sustainability-minded innovation across many economic sectors. Considering the importance of renewable energy, it comes as little surprise that international markets play a significant investment role in Canada’s cleantech industry, with 34% of the industry’s revenue coming from the US.
Innovation in Cleantech
Companies whose products are unrelated to cleantech have stepped up their efforts with more environmentally friendly industrial practices, investing in Corporate Social Responsibility (CSR) initiatives and finding ways to operate more sustainably. From an increase in “green” office buildings to pollution-reduction campaigns, Canadians are innovating for the future.
EVP interviewed leadership from several pivotal cleantech leaders in Canada:
Reclamation from Wastewater Systems
Ostara Nutrient Recovery Technologies has done groundbreaking work to protect water resources with its nutrient management solution which optimizes wastewater treatment and helps to protect precious water resources by upcycling essential but otherwise polluting nutrients into a fertilizer that significantly reduces run-off. Ostara Co-founder and CEO, Phillip Abrary, proudly shared, “Ostara commercialized a solution for not just recovering nutrients from wastewater streams, but transforming them into a high-purity, high-performing, Root Activated™ fertilizer called Crystal Green®.” To learn more about how the “Ostara Nutrient Recovery Solution” transforms cities, read here.