Budget 2025 makes moves to build one Canadian clean economy, but more work is ahead to fully seize the opportunity: One Canadian Clean Economy Task Force - Clean Energy Canada

The 2025 Canadian federal budget has taken significant steps toward establishing Canada as a global leader in the clean energy economy, according to the One Canadian Clean Economy Task Force and affiliated organizations such as Clean Energy Canada and the Canadian Renewable Energy Association. Key budget measures include the continuation and expansion of investment tax credits (notably the Clean Electricity Tax Credit), strengthening Canada’s industrial pricing regime, initial efforts to broaden investment tools for the clean economy, commitments to reduce emissions in building construction, and direct support for critical minerals essential to clean technologies. These actions align with the Task Force’s North Star Action Plan, which outlines 30 government actions to streamline and boost Canada’s clean economy. Despite these advances, the Task Force emphasizes that further work is needed, particularly to enhance Indigenous participation and equity in the clean economy. While the budget includes some funding for Indigenous projects and expands the Indigenous Loan Guarantee program, more opportunities for Indigenous ownership and economic involvement are necessary to ensure inclusive growth. The Task Force also highlights the importance of