CaGBC calls on industry to support government investment in a green recovery
Research shows that stimulus spending on green building and progressive policies can contribute $150B to the economy and employ 1.5M people by 2030 while significantly reducing carbon emissions
Ottawa ON – July 16, 2020 – Today, Canada Green Building Council launched a new initiative designed to rally support for a green recovery that includes green building. Industry leaders Real Property Association of Canada (REALPAC), Canadian Urban Institute, Royal Architectural Institute of Canada, and more have lent their support to encourage government decision-makers to direct stimulus spending toward green building initiatives.
According to CaGBC research, Canada’s green building sector already contributes $47.9B 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 combined with progressive policy leadership can contribute almost $150B to the GDP and 1.5 million direct green building jobs by 2030.
“We firmly believe that investments in green building will not only help to reignite Canada’s economy, but provide opportunities that no other sector can offer,” said Thomas Mueller, President, and CEO of CaGBC. “Green buildings offer an immediate financial return on investment as they are less expensive to operate and are healthier for occupants. Even better, they will benefit Canadians for years to come by driving sectoral innovation and creating skilled jobs, all while reducing the carbon impact from buildings.”