Canada Is a Global Destination for Low-Carbon Investment
- Media Manager
- Apr 18, 2023
- 1 min read
Yahoo! Finance - News Direct
Published: Wed, April 19, 2023
Canada is positioned to attract significant investment in the low-carbon sector. To take advantage of this opportunity, the country needs supportive and efficient regulations. By streamlining its regulations, it can attract investments, create jobs, and boost its economy while supporting the global transition to clean energy.
Earlier this month, the UK and Canada reached an important agreement to collaborate on crucial minerals, such as cobalt and lithium, that play a vital role in their respective economies. This move comes in anticipation of a projected 500% increase in demand for some minerals by 2040. UK mining and engineering companies have a significant opportunity in Canada, as the country has 200 mines and 6,500 quarries producing 60 minerals and metals.
