Environment Fact Sheets: Trends in capital expenditures on environmental protection in Canadian industries, 1996 to 2014
From 2000 to 2006, Canadian industry invested primarily in pollution prevention, peaking at nearly $1.6 billion in 2006. However, from 2008 to 2014, the trend has reversed, with investment in pollution abatement and control rising above investment in pollution prevention, meaning that industries were spending more to clean up pollution after it was created than to prevent it from being created in the first place.
The oil and gas extraction industry began investing more heavily in environmental protection in 2006, with emphasis on pollution abatement and control. The industry's investments in pollution abatement and control rose to a high of nearly $3 billion in 2014 while investment in pollution prevention remained flat over the same time period.
The largest investments by the petroleum and coal product manufacturing industry in environmental protection were primarily from 2000 to 2008. Over this period, the industry invested heavily in pollution prevention, peaking at just under $800 million in 2004.
The electric power generation, transmission and distribution industry invested as much in pollution prevention as it did in pollution abatement and control from 1996 to 2008. Investment in pollution prevention and pollution abatement and control grew to almost $450 million in 2002 and to nearly $500 million in 2008.
The article "Trends in capital expenditures on environmental protection in Canadian industries" is now available in the publication Environment Fact Sheets (16-508-X).
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