Page 9 - ICG Full Business Plan

Market Overview (Canada)
Canada has begun the second phase of a 15-year plan to remediate 22,000 sites at a cost of $7.7 billion. The cost to remediate Canadian soil and water contaminated by petroleum hydrocarbon is estimated at $1 billion.
Moderate to high growth is expected for Canada’s environmental remediation market.
Canada represents about 1.7% of the global market for environmental goods and services, highlighting signi cant global demand opportuni- ties for Canadian rms.
With sales valued at more than $18.4 billion, the environmental market in Canada consists of some 8 500 rms generating environmental exports currently worth more than $1.5 billion per year. Small rms (fewer than 100 employees) form the majority (96 percent) of the country’s environmental companies.
Environmental industries can be found throughout Canada:
• Ontario (43.4%)
• Quebec (18.8%)
• Alberta (15.2%)
• British Columbia (12.5%)
• Manitoba/Saskatchewan (4.8%) • Atlantic Canada (4.9%)
• Territories (0.2%)
CANADA’S ENVIRONMENTAL MARKET BY SECTOR
25
20
15
10
5
0
Waste Management, Remedia/on $20.3 Billion
Water Supply, Treatment, Conserva/on
$9.5 Billion
Air Pollu/on Control $.7 Billion
Energy $1.4 Billion
Noise, Vibra/on Abatement $1.2 Billion
Analy/cal Equipment $1.2 Billion
R&D, Consul/ng, Educa/on $1.4 Billion
9
data source: Sta s cs Canada