Canadian businesses spent $32.2 billion on environmental activities to protect and reduce pressures on the environment in 2023, up 17.4% from 2022. Almost two-thirds (63.1%) of this spending in 2023 was used to produce clean energy, purchase biomaterials or efficiently use and manage energy (resource management activities). By comparison, 36.9% of spending was put towards environmental protection activities, such as solid waste and wastewater management and air pollution management.
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