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Circular economy presents significant opportunities and unique challenges for Canada: New report

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Turning Point

Turning Point. The Expert Panel on the Circular Economy in Canada (2021). www.cca-reports.ca Turning Point. The Expert Panel on the Circular Economy in Canada (2021). www.cca-reports.ca

OTTAWA, Nov. 25, 2021 (GLOBE NEWSWIRE) — Canada consumes materials, energy, and water at some of the highest rates in the world. Only 6% of materials entering the economy come from recycled sources, while almost three-quarters of what we use is wasted. According to a new expert panel report from the Council of Canadian Academies (CCA), Canada may be throwing away significant opportunities and potential wealth along with all that waste. In a move to a circular economy, the value tied up in waste could help Canada remain economically competitive while meeting its commitments to reduce greenhouse gas emissions and achieving sustainable development goals.

The transition away from our current linear “take-make-waste” economy will require widespread systemic changes and cooperation across entire supply chains but is necessary because the world is already using more resources than the planet can provide. Tens of billions of tonnes of materials are used or consumed yearly worldwide. Extracting and processing these resources contributes to biodiversity loss, water stress, and pollution, including greenhouse gas emissions. Only a […]

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