SUPPORT CANADA’S BIOECONOMY

Productivity, resilience, and the “One Canadian” Economy: The Bioindustrial Solution

The Right Honourable Mark Carney, P.C., M.P. Prime Minister of Canada

The Canadian Bioeconomy Business Coalition representing agriculture, forestry, clean fuels, and biotechnology, stands ready to deliver $400 billion to the Canadian GDP while revitalizing Canada’s, forest and agriculture communities, improving Canada’s energy independence, and offering bio-based solutions to defense and self-reliance 1 2.

Canada is missing a generational opportunity to solve its productivity crisis because our federal policies and programs are currently fragmented and siloed across multiple Departments, and because we "offshore" our potential domestic bio-resource project commercialization thereby funding global competitors. This despite having 9% of the world’s forests (348 million hectares), 60 million hectares of agriculture land, and multiple municipalities that no longer permit the landfill of organic ’waste.’ As one of only three G20 nations without a national Bioeconomy Strategy, Canada is not leveraging its resource endowment to its full potential 3.

We are not requesting new funding. We propose a strategic realignment of existing program funds, procurement, and tax structures to realize the "One Canadian Economy" you have championed.