In the 2022 Fall Economic Statement, the Government of Canada proposed that businesses adhere to certain labour conditions in order to be eligible for the maximum investment tax credit rates for clean technologies and clean hydrogen. Having these new tax incentives could support greater investment in clean hydrogen while assisting Canada in its efforts in tackling climate change and supporting a thriving and sustainable future for the country’s energy sector.
As we look to advance opportunities for clean regional economic development, the PLACE Centre is heavily engaged in research, analysis, and discussion around the clean economy workforce. Our past partnered research projects with the Insurance Bureau of Canada and the Diversity Institute focused on the many skills and jobs needed to advance clean and resilient growth across Canada. This is in addition to our ongoing research project with the Future Skills Centre which looks to identify changes in the scale and skill set of the workforce to support clean growth in regions across the country.
Leveraging this experience, the PLACE Centre submitted a formal response and recommendations to consultations on the labour conditions for clean tech and clean hydrogen investment tax credits. You’ll read more about our thoughts and suggestions regarding prevailing wage levels, labour hours for apprentices, attraction and retention of skilled workers, and how Investment Tax Credits for clean technology and clean hydrogen projects can be designed to improve labour conditions.
There is a broad consensus that Canada is in the midst of a housing affordability crisis. The Canadian Mortgage and Housing Corporation has estimated that 5.8 million homes, nationally, need to be built by 2030 in order to address the housing affordability crisis. In Ontario, the provincial target is 1.5 million homes. As part of […]
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International students are an invaluable part of the prospective Canadian workforce that can help address the critical skilled labour shortages facing many Canadian industries, including construction, manufacturing, and agriculture. However, Canada’s current policies are at odds with the objective of having international students stay and work in Canada. If this is unaddressed, Canada will fail […]
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Canada’s forestry sector is facing a labour shortage due to a wave of baby boomer retirements and little interest from younger generations to pursue a career in forestry. Despite the need for more workers, women still comprise only 17% of the sector in Canada. One study also found that women in forestry are rarely in […]
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To keep up with an aging and growing population, it is projected that Ontario will need to build 1.5 million homes in the next ten years. Yet, Ontario has never built more than 850,000 homes in a ten-year period. Who is responsible for making this 1.5 million homes goal a reality, while making it happen […]
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Rents have been increasing rapidly in many parts of the country, primarily caused by a lack of accessible, climate-friendly, affordable, and market-rate purpose-built rental units to house a growing population. Increasing rents inflict the most significant harm on the lowest-income Canadians, including seniors, people on fixed incomes, single-parent led households, students, newcomers to Canada, and […]
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As Canada advances clean growth and climate action, tens (or even hundreds) of thousands of roles could be created in regions across the country. However, sectors are sounding the alarm about a challenge this growth could create: it may very well worsen labour shortages. This concern is valid. Without finding more skilled workers, increases in […]
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