Investing in Canada?s Economy

Anyone familiar with Canada’s economy will know that the country is heavily involved in energy production, manufacturing and industry. While this may cue some investors to look at a limited range of investment areas, recent Canadian government announcements would provide them with a different approach.

In early March of 2009 the government funded sixteen new “green”, clean and sustainable energy projects. A grand total of more than $53 million dollars in funding has been provided to support the growth of these crucial industries, stabilize Canada’s economy and create and protect jobs within the various sectors where the funds are to be applied.

All of this is to be overseen by the SDTC (Sustainable Development Technology Canada) which has received more than a billion dollars from the Government of Canada to and is dedicated to creating a healthier environment, improving working conditions and the overall quality of life for all Canadians.

What does this all mean for investors? Clearly the entire nation is directing resources and energy at creating sustainable and earth-friendly industries which are positioned to create more jobs and a stronger economy. Investors should be looking to Biofuels, including the corn ethanol plants, technologies around forestry, wood products and pulp and paper industries in British Columbia and Ontario, home construction technologies that are geared towards energy efficiency and lower heating costs and even agricultural systems and tools that will reduce the impact of chemicals on the landscape and overall food production.

A visit to the SDTC website would provide something akin to an investor’s blueprint as it indicates the companies and corporations working directly with the government to create and implement the systems and technologies they are underwriting. Many of these companies are publicly held or affiliated with global entities that make investment not only possible, but incredibly wise.