Budget 2025 has the right signals on the importance of the clean economy but fails to connect its benefits to everyday Canadians - Clean Energy Canada

Source: cleanenergycanada
Author: Clean Energy Canada
Published: 11/4/2025
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Read original articleClean Energy Canada’s executive director Rachel Doran responded to Canada’s Budget 2025 by acknowledging its positive signals toward supporting the clean economy and low-carbon industries as key drivers of the country’s economic future and international competitiveness. The budget emphasizes regulatory certainty, private capital mobilization, and incentives for clean technologies, including strengthened industrial carbon pricing and maintained Clean Electricity Regulations. Notably, the introduction of the Critical Minerals Sovereign Fund aims to secure supply chains vital for clean technologies and energy security, positioning Canada strategically in global trade.
However, Doran criticizes the budget for failing to directly connect the clean economy’s benefits to everyday Canadians. She highlights the termination of programs like the Greener Homes Grant and Loan, uncertainty around the EV Availability Standard, and the lack of renewed federal EV rebates, which could reduce affordability for households facing fossil fuel price volatility. She calls for improved market conditions through competition and tariff adjustments to enhance EV accessibility. Additionally, the budget lacks ambitious nation-building efforts to expand clean electricity infrastructure,
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energyclean-energyclean-economycarbon-pricingcritical-mineralsclean-technologyrenewable-energy