Canada is at a critical point that will shape its energy and economic security, living standards, and prosperity for future generations. To address this pivotal moment, the country has set forth an ambitious agenda aimed at accelerating nation-building projects, attracting investment, and creating jobs while fulfilling commitments to Indigenous peoples and protecting the environment.

The Green Ribbon Panel, a coalition of leaders from various sectors formed during the pandemic, believes the next 100 days present a unique opportunity for the new government to take significant action. This panel includes representatives from public, private, and non-profit sectors, all united by a common goal: to position Canada as a clean energy superpower through actionable strategies.

In a letter to the Prime Minister, the panel outlined key initiatives that should be included in the upcoming federal budget to foster a unified Canadian economy. These initiatives include:

1. **Investment Tax Credits (ITCs)**: The panel urges the government to finalize the implementation of ITCs by the end of 2025. This move is essential to signal investment stability and strength. Without these credits, Canada risks losing vital investments to other regions.

2. **National Industrial Policy for Energy**: The panel calls for the establishment of a national policy that consolidates bulk purchasing in the energy sector. This policy should incentivize the manufacturing of essential components for electricity infrastructure, such as transformers and pumps, and create a long-term tariff response fund for the regions most affected.

3. **Indigenous Rights and Participation**: Protecting the interests of Indigenous peoples is crucial for the success of major projects. The panel emphasizes the need for rights-holders to have stable capacity to engage in regulatory processes and environmental reviews. A sustainable capacity framework with clear expectations for project proponents is necessary, along with the harmonization of federal and provincial Indigenous loan guarantee programs within the next 100 days.

4. **“No Regret” Investment Actions**: The panel recommends prioritizing early-stage investments and innovative financing models for large-scale energy projects, particularly in hydro and nuclear sectors. A standardized framework could facilitate consistency and attract financing from private sectors and Canadian pension plans.

With the right policy measures, Canada has the potential to unlock billions in private investment and expedite priority projects. The Green Ribbon Panel is prepared to assist in building a robust and self-sufficient Canadian economy.