Environmental Goods and Services in Canada on the rise
GLOBE-Net, March 14, 2015 – Sales by Canadian businesses of environmentally-related goods and services rose from $3.9 billion in 2010 to almost $4.1 billion in 2012 according to new figures released by Statistics Canada.
Of this total, just under $1.8 billion in revenues came from sales of environmental goods manufactured in Canada, while sales of environmental services accounted for $2.3 billion.
The growth of Canadian expertise in environmental services was the highlight of the Statistics Canada Survey of Environmental Goods and Services, 2012.
Sales of environmental services rose by 33% between 2010 and 2012, with most of the revenue increases coming from environmental consulting services, which made up two-thirds of the sales total, accounting for $1.5 billion.
Site remediation and emergency environmental services generated the remaining $757 million in revenue.
In 2012, revenue from the sales of environmental goods fell by 19% from 2010. Most of the revenue from environmentally-related goods came from the sales of machinery and equipment in renewable energy technologies, which accounted for about $600 million, followed by Industrial wastewater and municipal sewage treatment ($506 million), Non-hazardous waste management ($308 million), and Industrial air pollution or flue gas management ($167 million).
Management of industrial wastewater and municipal sewage treatment generated $500 million. Together, they accounted for about 63% of total sales of environmental goods. Sales of goods related to the management of non-hazardous waste amounted to $309 million in 2012.
Businesses exported $748 million worth of environmental goods and services in 2012, with the majority (78%) going to the United States. The remainder was distributed among other international markets.
Complete details on the Survey of Environmental Goods and Services, 2012 are available here.