BMI View: The sheer size and sparsely populated nature of Canada means that there is a great deal of scope for renewable energy development. However, the absence of a comprehensive national policy framework for renewables and no national subsidy scheme has crimped growth within the sector, and we believe will continue to do so. As such, the renewables industry, in particular the wind sector, has grown in line with the varying attractiveness of the market at the provincial level; with higher growth in those provinces that are committed to expanding their renewables industries; by offering subsidies developers or introducing targets. …
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