OTTAWA — The Canada Green Building Council (CaGBC) has launched a new initiative designed to rally support for a green recovery that includes green building, partnering with the Real Property Association of Canada (REALPAC), Canadian Urban Institute and Royal Architectural Institute of Canada to encourage government decision-makers to direct stimulus spending towards green building initiatives.
According to CaGBC research, Canada’s green building sector already contributes $47.9 billion to the GDP and employs almost half a million people. As part of a new report coming this fall, a government stimulus package that prioritizes green building can contribute almost $150 billion to the economy and employ 1.5 million people by 2030.
“Following an unprecedented global health crisis, Canada is presented with the challenge of reigniting a stalled economy. Like the 2008 recession, governments are likely to turn to economic pillars such as construction and infrastructure to create urgently needed jobs,” reads a CaGBC release.
“Such a massive investment will have far-reaching impacts for Canadians well into the future. But as Canada battles this pandemic and its economic fallout, the government must not overlook the opportunity to achieve its commitment of net-zero emission by 2050.”
For more information visit cagbc.org/greenrecovery.