There are a variety of financing mechanisms, and likely more will be elaborated on over the coming years and decades. There is public sector funding at federal and provincial levels for this type of activity and investment. However, because of the amount of investment required, these activities cannot rely solely on public sector funding, and there is a ramping up of private sector capital mobilization in these types of green and transition activities. From a capital markets perspective, it could be support with debt financing. It could also be loans to companies and other types of financial instruments.
On March 9th, 2023. See this statement in context.