New wielding of federal purchasing power to support clean industries is a promising start, but still too modest to keep up with the Inflation Reduction Act and its ilk
As the federal government looks for ways to bolster Canadian competitiveness with the United States and other countries investing hugely in the transition to a low-carbon economy, it has only just started to use one of the more useful tools at its disposal: its own purchasing power.
But even so, the Greening Government Strategy – Ottawa’s umbrella for such policies – still looks anemic relative to the competitiveness imperatives at hand. And it will probably remain that way unless Finance Minister Chrystia Freeland puts some money behind it in this spring’s budget – particularly to push green purchasing policies down through other levels of government with which Ottawa partners on infrastructure projects.
That’s because the federal government itself directly handles only a sliver of all public infrastructure spending in Canada. It proposes that Ottawa commit $100-million a year to topping up funding for federally backed infrastructure projects that set low-carbon standards, similar to an incentive introduced in the United States through the Inflation Reduction Act.
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