Canada is recognized globally for our expertise in water technology, but despite Canada’s leadership in this sector our knowledge of the strengths, gaps, and areas of opportunity in the national water innovation ecosystem remains fragmented.
Canada’s Ventures to Value Chains: Water Technology is part of a Foresight initiative leveraging data from technology companies and other key stakeholders to map, categorize, and analyze strategically important industry value chains, such as water, for Canada in the clean economy.
These insights will support our understanding of the landscape of water innovation in Canada while painting the whole picture of the water tech value chain in order to grow its market share and impact.
This report is available for download. Submit this form for access.
Water Tech: The Value Chain
The water tech value chain describes the journey of water from source to outflow, with a focus on freshwater, by identifying a series of processing steps and the ways in which they connect to inputs, outputs, and end points such as users, markets, or the environment.
Canada’s Water Tech Companies
Canada’s water tech companies are well-distributed across the value chain, indicating a mature and established sector.
Our data and analysis indicates and discusses regional trends and clustering, areas of competitive strength, and potential opportunities for growth in the water tech sector in Canada, such as:
- Notable clustering of environmental monitoring/management technologies in the Atlantic provinces
- Resource recovery is an area of strength in British Columbia
- Expanding circular water technology applications is an opportunity for Canada to reduce water-related emissions and address climate risks
- Canada is strong in various applications of smart water technology
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Why?
Foresight’s venture acceleration programming emphasizes the importance of understanding your value chain. Knowing where a company fits along the value chain, which companies or technologies come before or after, who the competitors are, and where trends are happening geographically is critical information for ventures, industry, and investors to understand.
This information is also highly important for governments to identify areas of strength, gaps, and opportunities in the innovation landscape, pinpoint areas for targeted support and where targeted R&D and project funding will deliver the greatest return on investment for Canada’s communities and environment.
The Canada’s Ventures to Value Chains: Water Technology database and analysis report are invaluable tools intended to provide the Helix-5™ ecosystem unique insights into the Canadian water innovation landscape.
We'd like to acknowledge and thank the contributions of Aqua Action and IISD in compiling the water technology ecosystem data.
Thank you to Foresight's Net Zero Innovation Network in British Columbia (BCNZIN) team for their contributions. Foresight's Net Zero Innovation Network (BC) is made possible by financial support from PacifiCan and the Province of British Columbia through the Ministry of Energy, Mines and Low Carbon Innovation.
