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Policy record

Hydrogen Strategy for Canada

JurisdictionCAN
Legal statusin_force
RelevanceCore
InstrumentNational strategy
Effective2020-12-16

Policy details

SummaryA national framework released in December 2020 positioning Canada as a global leader in low-carbon hydrogen production, use, and export. Makes 32 recommendations spanning R&D, infrastructure, regulatory harmonization, and international trade across a short (to 2025), medium (to 2030), and long (to 2050) horizon.
Key thresholdsNo binding numeric thresholds — it is a strategic framework. Sets aspirational targets: hydrogen meeting 30% of Canada's end-use energy demand by 2050; up to 30 Mt of clean hydrogen produced annually by 2050; up to CAD 50 bn in annual revenue and 350,000 jobs by 2050. Progress Report issued May 2024 confirmed ongoing implementation across 32 actions.
Support valueNo direct funding instrument; unlocks access to downstream programs. Progress Report notes federal clean-economy ITC commitments totalling ~CAD 11.4 bn through 2027–28.
Practical implicationThe Strategy itself creates no direct cash flows, but it anchors all downstream Canadian incentives and signals long-term policy stability — developers should use it to justify risk appetite and engage provincial co-investment.

Official source

9 sourced values · 0 earlier records

SourcePublisherLink checked
Open official source ↗natural-resources.canada.ca