Q4 and Full Year 2023 Investor Presentation
bird
Longer Cycle, Significant
Demand Trends
Public and Private
Clients
Government programs supporting investments in
transportation, energy, water and wastewater,
telecommunications, and public facilities include
the Investing in Canada Plan, Canada
Infrastructure Bank, Canada Growth Fund, and
other federal and provincial budget commitments.
The Investing in Canada Plan, launched in 2016, laid out federal
government commitments to invest more than $180 billion over 12 years
(2016-2028) in public transit projects, green infrastructure, social
infrastructure, trade and transportation routes, and Canada's rural and
northern communities -$150 billion invested to date.
$125 to
$140 billion
Double
Electricity
Supply
$110 to
$270 billion
+$70 billion
>$40
billion
2022 Federal Budget estimated the investment in
net-zero transition requires $125 billion to $140 billion annually
through 2050.
Canada needs to roughly double its electricity supply.
Electrification requires investment in energy generation projects,
including expanding clean energy and improving power
distribution and transmission systems.
Estimates of Canada's "infrastructure deficit" range from $110-
$270 billion. Additional investments are required to improve
energy efficiency - residential and commercial buildings are
Canada's third-largest source of greenhouse gases.
Public transportation opportunities include Ontario's planned $70
billion for transit investments over the next ten years, Canada's
$15 billion for public transit over the next eight years, as well as
significant spending across the balance of provinces.
Nuclear opportunities are significant, notably the recently
proposed Bruce Nuclear Expansion, the Pickering
Refurbishment, and SMR Infrastructure initiatives.
Q4 and Full Year 2023 Investor Presentation
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