Canada’s Cleantech Future: The 2025 Report

Source

© Export Development Canada (EDC), 2025. “Canada’s Cleantech Future: The 2025 Report.”

Available at https://www.edc.ca

Highlights from EDC 2025 Cleantech Report

Export Development Canada’s latest report shows that three sectors dominate global clean-energy investment: renewable energy, electric vehicles (EVs), and electrification. Together they attracted around 90 % of the US $1.93 trillion invested worldwide in 2024.

While funding for hydrogen and carbon capture fell by 23 %, these core segments remain strong drivers of export potential.

Canada’s competitive advantages include its clean power grid, critical-mineral reserves, and sustainable mining practices. With solar costs down 90 % since 2010 and renewables now 56 % cheaper than fossil fuels, Canada is well placed to supply the growing $2 trillion annual clean-energy market.

Canadian Innovation in Action

EDC spotlights five companies driving the energy transition globally: Iogen Corporation, Sollum Technologies, eCAMION, Eocycle, and Mangrove Lithium.

Their technologies range from AI-based greenhouse lighting to battery-grade lithium refining and carbon-negative fuels — examples of how Canadian cleantech is exporting sustainability and innovation worldwide.

Support and Financing for Exporters

The Business Development Bank of Canada (BDC) offers financing to help SMEs expand:

Up to CAD $350 000 for business growth loans with flexible repayment terms.

Up to CAD $150 000 in startup financing for firms with at least 12 months of revenue.

Refinancing programs for businesses facing cash-flow pressures.

These initiatives complement EDC’s advisory services and webinars on export pricing, foreign-exchange risk, and market diversification.

Ontario ESG Advisory Perspective

The 2025 Cleantech Report underscores how ESG readiness and cleantech innovation are becoming inseparable for export success.

Ontario ESG Advisory encourages Ontario SMEs to align with these national trends by adopting credible ESG practices and leveraging Canada’s green export momentum for global growth.

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© Export Development Canada (EDC). Reproduced for non-commercial, educational purposes.

Ontario ESG Advisory is a not-for-profit organization and does not claim ownership of this material.