Building Back Better

The “Build Back Better” plan by the Canadian government is a strategy to boost and maintain jobs and industry in the country. This effort is to recover economically from the Coronavirus pandemic. 

Below is a breakdown of what the Canadian government has planned financially for different industries.

BUILDING BACK BETTER SUMMARY

Estimated capital mobilized and impact of low-carbon recovery measures for Canada

 

Cumulative Investment
2021-30
Billion $

Jobs created
2021-30 (2)

Jobs per
Million $
(2)

Gross
Value
Added
(GVA)
Billion $ (3)

GVA
Multiplier
(3)

Annual Mt
GHG
reduction
by 2030 (4)

Annual
Energy
Savings
by 2030
Billion $
(4)

 

Federal (1)

Other
Capital
Mobilized (1)

Building Back Better Homes

$14.7

$208.8

2,010,761

9.0

$491.5

2.2

35.6

$12.5

Building Back Better Workplaces

$6.0

$107.1

1,018,260

9.0

$215.0

1.9

21.8

$7.4

Greening the Grid

$6.7

$122.6

905,100

7.0

$284.5

2.2

75.0

 

Building Back Better EV Uptake

$11.9

$100.8

834,059

7.5

$236.8

2.1

65.7

$23.9

Building Back Better Active Mobility

$2.0

 

18,000

9.0

$4.4

2.2

0.7

 

Building Forest Natural Capital

$16.0

 

143,760

9.4

$33.6

2.1

13.5

 

Building Agriculture Natural Capital

$6.0

 

84,000

14.0

$12.6

2.1

22.0

 

Natural Resources and EV Innovation

$40.5

$105.0

1,091,250

7.5

$305.6

2.1

TBD (5)

 

Building Back Better Industry

$4.8

$37.0

234,080

5.6

$87.8

2.1

8.0

 

Sum for all Programs (2021-30)

$108.6

$681.3

6,339,270

 

$1,671.6

 

242.3

$43.7

Building Back Better Homes

The government of Canada plan to invest $14.7 billion dollars between 2021 and 2030 in “building better homes”, creating approximately 2,010,761 jobs

Building Back Better Workplaces

The government of Canada plan to invest $6 billion dollars between 2021 and 2030 in “Building Back Better Workplaces”, creating approximately 1,018,260 jobs

Greening the Grid

The government of Canada plan to invest $6.7 billion dollars between 2021 and 2030 in “Greening the Grid”, creating approximately 905,100 jobs

Building Back Better EV Uptake

The government of Canada plan to invest $6.7 billion dollars between 2021 and 2030 in “Building Back Better EV Uptake”, creating approximately 834,059 jobs

Building Back Better Active Mobility

The government of Canada plan to invest $2 billion dollars between 2021 and 2030 in “Building Back Better Active Mobility”, creating approximately 18,000 jobs

Building Forest Natural Capital

The government of Canada plan to invest $16 billion dollars between 2021 and 2030 in “Building Forest Natural Capital”, creating approximately 143,760 jobs

Building Agriculture Natural Capital

The government of Canada plan to invest $6 billion dollars between 2021 and 2030 in “Building Agriculture Natural Capital”, creating approximately 84,000 jobs

Natural Resources and EV Innovation

The government of Canada plan to invest $40.5 billion dollars between 2021 and 2030 in “Natural Resources and EV Innovation”, creating approximately 1,091,250 jobs

Building Back Better Industry

The government of Canada plan to invest $4.8 billion dollars between 2021 and 2030 in “Building Back Better Industry”, creating approximately 234,080 jobs

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