
With hundreds of gigatonnes of secure geological storage, a wealth of abundant biomass and net-zero a key policy focus, Canada has become one of the pivotal markets for durable carbon removal. The nation of nearly 42 million has seen significant policy work done at both the federal and provincial level to kickstart the Canadian CDR industry, which has the potential to generate nearly 200 billion (CAD) in GDP and more than 300,000 jobs.

Canada is the second largest country in the world and one of the largest potential markets for durable carbon removal. CDR has also been recognized as a key component of achieving net zero and even net negative carbon emissions by the federal and many provincial governments. For buyers, this credible regulatory direction and large existing storage capacity provide options and opportunities for investment. For suppliers, Canada’s unparalleled physical resources and strong policy architecture make the nation an exciting option for expansion and growth.