Canada's new green tech will offer immigrants job opportunities.
The development of Canada's green tech industry, fueled by government initiatives and investments, is creating significant employment opportunities, particularly in the context of a $5 billion electric vehicle (E.V.) battery plant in Windsor, Ontario.
The plant is estimated to employ 2,500 people by 2025.
Canada's commitment to achieving net-zero emissions by 2050 is driving substantial investments in clean energy and technology sectors, with the 2023 Budget allocating $21 billion in funding and $55 billion in tax credits.
Various provinces are actively contributing to the growth of the green tech sector:
British Columbia (B.C.): The Pacific Economic Development Agency of Canada invested $5.2 million, alongside $2.3 million from the Province of B.C., to support Foresight Canada. This investment aims to accelerate clean technology development, create 240 new jobs, attract $280 million in investment, and reduce greenhouse gas emissions by 125 kilotonnes.
Alberta: Clean Energy Canada predicts a 10% annual growth rate in clean energy sector jobs in Alberta until net-zero 2050, the fastest growth projection in the country. Between 2025 and 2050, Alberta could see an additional 419,000 pure energy jobs.
Ontario: An $8.5 million investment from Sustainable Development Technology Canada (SDTC) and a $2 million investment from the Ontario government went into VueReal, a Waterloo-based technology firm. VueReal focuses on scalable production and integration of micro- and nano-devices, contributing to job creation and economic growth in Ontario's cleantech fields.