Hydrogen is expected to play a key role in powering the economy going forward, and momentum is underway around the world to secure strong, reliable suppliers. Clean hydrogen has the potential as an efficient fuel source to revolutionize key sectors, including heavy industry, energy production and transportation. With the demand for clean hydrogen projected to increase — projections indicate at least a tenfold increase in demand over the next three decades — Canada is uniquely positioned to meet this need. Atlantic Canada in particular is already seeing significant movement to seize the economic opportunity this presents for the region and is expected to create thousands of jobs.
Growing Canada’s clean electricity system is a historic economic opportunity, and an imperative in order to fight climate change. We must come together to tackle this goal in a manner that ensures affordability and reliability for households, businesses, and institutions.
Today, marking an important step in ensuring the ongoing safe and secure management of these nuclear by-products in Canada, the NWMO announced the selection of the Wabigoon Lake Ojibway Nation-Ignace area as the site for Canada’s deep geological repository (DGR) for high-level nuclear by-products. This follows over a decade of engagement between the NWMO and potential host communities and votes by Wabigoon Lake Ojibway Nation (WLON) and the Township of Ignace, Ontario in favour of pursuing next steps to host the DGR.
On the margins of the G7 Ministerial Meeting on Industry and Technological Innovation, chaired by Minister Urso and attended virtually by Minister Champagne, Canada and Italy released the following Statement of Intent for Canada and Italy to deepen collaboration on critical minerals and critical raw materials:
Building on a strong foundation of collaboration on clean electricity priorities in the region, we, the federal Minister of Energy and Natural Resources, the federal Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, the federal Minister of Housing, Infrastructure and Communities, the Premier of New Brunswick and the Premier of Nova Scotia met to discuss working together to support and help ensure an affordable, and reliable phase-out of coal and transition to net-zero electricity.
