The Ontario Clean Technology Advantage May 2012 A two-hour flight from many major U.S. cities Zoom in on the Ontario Clean Technology Alliance 3 Knowledge | Innovation | Technology Top 10 reasons to invest in Ontario 1. Stable, highly talented, motivated workforce 2. Access to the North American market (NAFTA) 3. Openness to diversity and multiculturalism 4. Economic engine of Canada 5. World class research institutions 6. Innovation leadership 7. Low risk business environment 8. Superior infrastructure 9. Business incentives 10. Quality of life 4 Knowledge | Innovation | Technology Ontario’s clean technology advantage • By 2015, 75,000 highly skilled people will be working in Canada’s clean technology industry, with the vast majority in Ontario • Ontario supports over 2,400 environmental industry companies that generate over 8 billion annually • Ontario is a clean technology demonstration hub for the North American market • The Ontario Clean Technology Alliance is well positioned to lead Canada’s clean technology industry, projected at $60 billion by 2020 5 Knowledge | Innovation | Technology Ontario’s clean technology advantage includes advanced skills training In support of new job creation, Ontario’s colleges and universities have introduced new programs related to the clean energy economy, including: • Wind turbine technician training • Green business management • Renewable energies technician training • Sustainable energy and building technology • Clean and renewable energy engineering technology 6 Knowledge | Innovation | Technology Ontario Clean Technology Alliance success stories • • • • • • • • • • • Hamilton: Samuel, Son & Co., steel and aluminum components Waterloo Region: Enermodal Engineering, green building consulting Windsor-Essex: CS Wind Corp., wind tower manufacturer London: KACO New Energy Inc., solar inverters Sarnia-Lambton: BioAmber Biosuccinic Acid Plant, North America’s 1st Guelph: Canadian Solar Inc., solar module components Niagara Region: DMI Canada Inc., wind tower manufacturer Chatham-Kent: Mecasolar, solar tracking systems SOMA: Siemens Canada Ltd., wind turbine blade manufacturer Greater Toronto Area: General Electric, Smart Grid innovation centre Ottawa: Plasco Energy Group, green power from household waste 7 Knowledge | Innovation | Technology Canada ranks #1 for business! 8 Knowledge | Innovation | Technology Canada – a sound choice for new investment and trade • In 2012 the combined federalprovincial corporate income tax averages 26% – 13 points less than the U.S. rate • By 2015 tariffs on all manufacturing inputs reduced to zero, creating a national Free Trade Zone • Most of Canada’s population of 34.7 million people live within 200 kilometers of the United States • Accumulated Foreign Direct Investment (FDI) into Canada reached $562 billion in 2010 9 Knowledge | Innovation | Technology Canada has a low-risk business and regulatory environment Standing among 142 countries. Ranking based on the degree of soundness of financial institutions. Source: Global Competitiveness Report, 2011-2012 Canada also has the: • World’s soundest banking system • Lowest taxes on new business investment in the G7 • Among the lowest R&D costs in the G7, 12.9% lower than the U.S. • Tax credits can save foreign investors, on average, up to 30 cents on the dollar invested in R&D in Canada • It takes only one procedure and five days to register a new company in Canada 10 Knowledge | Innovation | Technology Ontario clean technology R&D and tax incentives include: • Ontario Business Research Institute Tax Credit (OBRITC) • Ontario Innovation Tax Credit • Ontario Power Authority Feed-in Tariff Program • Ontario Emerging Technologies Fund • Ontario Innovation Demonstration Fund • Ontario Power Authority Conservation Fund • More listed at www.ontariocleantechalliance.com 11 Knowledge | Innovation | Technology Ontario’s NAFTA advantage What this means for your company: • New market opportunities – access to over 450 million consumers in North America • New partnerships • New investors • New links in supply and production chains • New choices for consumers • Economic growth 12 Knowledge | Innovation | Technology Ontario’s wind power advantage • Ontario is the largest producer of wind energy in Canada • Ontario has over 1,950 MW of installed capacity (as of Jan 2012) • In 2011 alone, Ontario installed over 500 MW of new capacity • Ontario is expected to install more than 5,600 MW of new wind energy capacity by 2018 • By 2018 Ontario will have attracted $16.4 billion in private investment • Ontario’s existing infrastructure helps with both supply of components and transmission of energy 13 Knowledge | Innovation | Technology Ontario’s Feed-In Tariff Program • In 2012 the Ontario’s Feed-in Tariff (FIT) Program had its 2-year review • The program has created more than 20,000 jobs, and is on track to create 50,000 jobs and attract over $27 billion in private-sector investment • A North American leader in clean energy, Ontario has 2,000 current FIT contracts representing over 4,600 MW of generated power • In 2012, another 2,900 MW of FIT projects are currently moving through environmental approvals • The province of Ontario is forecasted to generate 10,700 MW of nonhydro renewable energy generation by 2015 14 Knowledge | Innovation | Technology Ontario’s Smart Grid opportunity • Global market potential for smart grid solution providers is expected to range from $15 to $31 billion annually by 2014 • In 2011 Ontario launched a $50 million Smart Grid initiative • GE invested $40 million in a smart grid technology centre in Markham, Ontario, that will focus on researching, developing and manufacturing grid modernization techniques Talk to Ontario Clean Technology Alliance members about the advantages of locating smart grid industry and service providers in this province! 15 Knowledge | Innovation | Technology Ontario’s clean water advantages • Ontario borders four of five Great Lakes in North America, has more than 250,000 other lakes, countless rivers and rich groundwater resources • Ontario’s water industry companies employ approximately 22,000 people and sell technologies and services around the world • A global centre for water-related patent activity, especially membrane separation, filtration and flocculation technologies • Ontario’s environmental strengths include water conservation as well as water and wastewater treatment technologies • Companies rely on leadership from the Ontario Government in regulations, standards, source water protection, watershed management and water efficiency. The Water Opportunities and Water Conservation Act builds on Ontario’s expertise in water protection services and technology 16 Knowledge | Innovation | Technology Southern Ontario Water Consortium 17 Knowledge | Innovation | Technology • Federal Government Southern Ontario Development Program funding: $19.5 million • Project valued at $50 M • Eight Ontario universities participating • 60 private sector partners • Consortium aims to develop and independently validate new and existing technologies and demonstrate full-scale operational equipment More of Ontario’s clean water R&D project highlights • London’s Water Validation Testing Centre enables real time, full-scale tests of new technologies to make waste water into potable water • Hamilton Water/Wastewater Demonstration and Training Centre offers pilot facilities to support and improve water and wastewater technologies – includes the Hydromantis SimuWorks, a state of the art development platform • The University of Waterloo is home to The Water Institute – a hub facilitating innovative research, education and training and a host to nine other centres and institutes – including the Canadian Water Network. The Institute was created to sustain Canada’s water supply, while meeting the demands of industrial and community users 18 Knowledge | Innovation | Technology Ontario’s solar advantage • Ontario is home to the 10 largest solar farms in Canada and is the leading generator of photovoltaic power in Canada • Ontario wind and solar energy generated more electricity for the province than coal did in 2011 • By 2018, Ontario’s solar PV market is expected to drive$12.9 billion of total private investment and create over 74,000 jobs 19 Knowledge | Innovation | Technology Ontario offers excellent air travel options International Airports: • Toronto Pearson • Ottawa Macdonald-Cartier • Hamilton • The Region of Waterloo • St.Catharines/Niagara District • Windsor • London • Sarnia • Guelph 20 Knowledge | Innovation | Technology Well developed highway, rail, and shipping • Largest and busiest freeway network in Canada • Efficient 400-series highways and municipal expressways • Ports connect major manufacturing, processing, transportation services and logistics expertise 21 Knowledge | Innovation | Technology Established mass transit system • GO Transit interregional public transit system carries 50 million/passengers/year • The Corridor, a VIA Rail passenger train service area • The Toronto Transit Commission’s (TTC) subway system, linked with buses, hybrid buses and streetcars carries ~ 1.5 million riders/day 22 Knowledge | Innovation | Technology Highly integrated telecommunications network • One of the most extensive and integrated telecommunication networks in North America • The largest “free calling” area in North America • 100% Digital Telecom Infrastructure • High speed data services • Internet connectivity • E-business services 23 Knowledge | Innovation | Technology Greater Toronto Area (GTA) • • • The largest city-region in Canada • • 5 universities and 6 colleges Generates 1/5th of Canada’s GDP Home to 40% of Canada's headquarters A skilled workforce comprised of approximately 3 million people 24 Knowledge | Innovation | Technology Ottawa: the creative economy capital • Home to over 130 clean technology companies with about 3000 employees • 40 scientific research labs and organizations including CANMET Energy Technology Centre (CETC) • Companies include: Cyrium (clean tech solar), Plasco (green power) • Highest percentage of university graduates in the country • 5 universities and 3 colleges 25 Knowledge | Innovation | Technology Hamilton: global centre for clean technology excellence • Over 510,000 people – with access • • • • to a labour market of over 2 million Home to Mohawk College & McMaster University – leads the NSERC Photovoltaic Innovation Network The Port of Hamilton – Largest on the Canadian Great Lakes Well-established supply chain of manufactures and service providers Quality Water and Wastewater Demonstration and Training centre 26 Knowledge | Innovation | Technology Waterloo Region – Canada’s Technology Triangle • Home to Canada’s 1st solar neighbourhood • Diverse economy (IT, manufacturing, R&D and insurance) • Talented labour force supporting RIM (BlackBerry), Toyota, Canadian Solar, Photowatt, Arise Technologies • Renewable energy research and programming at three post-secondary institution • Diverse. Innovative. Entrepreneurial. 20 Knowledge | Innovation | Technology Think Niagara, Think Original! • Strategic location with multi-modal • • • • transport network R&D: Class 100 print and fire labWavelength selective thin film solar cell Partnerships: Niagara-Port Colborne Wind Energy Manufacturing Cluster Initiative Established supply chain in advanced manufacturing Highly skilled, well-educated workforce >200,000 28 Knowledge | Innovation | Technology Windsor-Essex: growth, prosperity, sustainability • Renewable energy hub: 17 • • • • • companies employing over 1000 people in 2012 Busiest Can/U.S. border crossing Solar PV potential of 1200-1400 kWh/kW, wind potential of 5-6 m/sec Integrated local supply chain New investments: CS Wind, HHV, Schletter, Windtronics, Youil, HUCH Diversification of existing companies into renewable energy industry 29 Knowledge | Innovation | Technology London: a world of opportunities WindEEE Dome conceptual design • Revolutionary WindEEE Dome is world’s first 3D wind chamber, can produce any type of wind system, and is capable of testing and assessing city blocks, wind farms, transmission lines and solar panels • Fraunhofer International Composites Research Centre • Diverse economy plus talented and loyal workforce 30 Knowledge | Innovation | Technology Sarnia-Lambton: powering a sustainable world • US border location: with easy access • • • via highway, rail, and deep water port Bio-industrial Park and Energy Park with marine terminals Bio-industrial Innovation Centre, University of Western Ontario and Lambton College offer alternative energy and process technologies programs Highly skilled workforce, low cost of living, modern community 31 Knowledge | Innovation | Technology Guelph: a city making a difference • Growing economic area of over 120,000 people • Established manufacturing supply chain base • Close to planned Ontario renewable energy projects • Access to talent/R&D at local and area universities/colleges • Commitment to renewable energy through Community Energy Initiative 32 Knowledge | Innovation | Technology Municipality of Chatham-Kent: a winning proposition for your business! • Easy access to international transportation markets • Excellent wind and solar resources • Well educated, available workforce • Significant cluster in manufacturing and power • Local and area universities and colleges with programs supporting industry • Unbeatable quality of life and low cost of living 33 Knowledge | Innovation | Technology Southwestern Ontario Marketing Alliance (SOMA) − partnership in action! • Strategic location in Ontario’s heartland of prosperity • • Excellent wind and solar resources • Removes barriers to business and industrial growth • Over 200 green manufacturers and service providers within seven municipalities Sponsors skills development in workforce 34 Knowledge | Innovation | Technology Ontario offers openness to diversity and multiculturalism 35 Knowledge | Innovation | Technology Excellent culture and sports facilities 36 Knowledge | Innovation | Technology Safe, stable, and well governed • Canada is a constitutional monarchy • Canada has a three-tiered system with Federal, Provincial, and Municipal levels of government • Municipal governments are under provincial jurisdiction and governed by an elected mayor and council 37 Knowledge | Innovation | Technology Ontario cities and towns offer a superior lifestyle • Low crime • Highly stable • Little threat from terrorism • Highly developed infrastructure Canada has the most liveable destinations in the world! Economist Intelligence Unit (EIU) 38 Knowledge | Innovation | Technology Ontario’s clean technology advantage Speak to an Ontario Clean Technology Alliance member to find out how Ontario’s advantages can support your business. More information at: www.ontariocleantechalliance Get to know us! 39 Knowledge | Innovation | Technology The Ontario Clean Technology Advantage May 2012