Canada, the second largest country in the world has substantial resources to tap renewable energy like moving water, wind, solar and ocean. As per the NRCAN Canada is the second largest producer of hydroelectricity and it actually provides 59.3% of Canada’s electricity. Wind and solar are one of the fastest growing sources of energy in Canada.

Business in these sectors are supported by a number of measures by the Government of Canada to increase production and use of renewable fuels like the ecoAgriculure Biofuel Capital Initiative, ecoENERGY for Biofuels program and the NextGen Fund. There are also a number of provinces that have fuel mandates in effect to promote renewable fuel production. A business in this sector has a lot of scope and growth opportunities in Canada.