< Browse more articles

On February 26th, HRAI participated in an interactive policy discussion on “developing the market infrastructure and adapted financing mechanisms to catalyze, build and sustain a confident and dynamic retrofit economy for Canada’s building sector.” 

Hosted by Natural Resources Canada, Econoler and the Canadian Green Building Council (CaGBC), the roundtable convened key private, public and not-for-profit players from connected industries across Canada, and internationally, to discuss market-based measures, public policies and financing mechanisms that could be deployed in support of the retrofit economy in Canada over the short, medium and long term.  The primary focus was on commercial building retrofits and the policy focus was on financing and creating a stable and attractive environment for private capital.

The policy discussion was kicked off by a breakfast session with Jim Carr, Minister of Natural Resources Canada, Catherine McKenna, Minister of Environment and Climate Change Canada, and Amarjeet Sohi, Minister of Infrastructure and Communities.  Minister McKenna emphasized that, for Canada to meet its ambitious climate change goals will require government working constructively with industry.  She noted that success cannot depend on government actions alone and suggested that government spending billions will only have an impact if it helps to unlock trillions of dollars in private sector investment over the next several decades.

For more information, contact Martin Luymes at 1-800-267-2231 ext. 235 or email mluymes@hrai.ca.