News/Blog Post

Strong Policy Signals are Essential for Progress 

To plan ahead for servicing and supplying the offshore wind sector, suppliers, just like developers, need policy and regulatory certainty. Work is underway to provide a pathway for development, with amendments to the Accord Acts via Bill C-49 anticipated to be passed federally and tabled provincially this fall. A regulatory framework that attracts investment by offering certainty, clarity, and stability is a critical for future project success. 

Atlantic Canada’s Strategic Advantage 

With decades of experience in offshore and marine industries, Atlantic Canada is uniquely positioned for offshore wind success. This region’s existing capabilities in offshore and marine sectors, offer companies a competitive edge, enabling them to leverage their expertise for current international projects and future Canadian developments. 

Export Expertise to Build Capacity 

Although offshore wind is still in its early stages in Canada, the industry is thriving internationally. Exporting services, particularly to regions like the US Northeast, will help Canadian suppliers build capacity and gain the expertise and relationships needed to support future domestic developments. 

Invest in Indigenous Partnerships and Education 

Building partnerships with Indigenous communities and fostering educational opportunities for Indigenous youth in the offshore wind sector will create long-lasting benefits for communities and projects. Building these relationships will foster trust and creating meaningful procurement opportunities for both the industry and Indigenous communities. 

Infrastructure Development is Key to Providing Long-Term Industry Support 

Enhancing port facilities and other infrastructure is essential to support the growth of offshore wind. Ensuring the region has these capabilities will be critical during the construction and operational phases of future projects, providing long-term support for the industry. 

Strategic Planning for Long-Term Success 

Suppliers must refine their business strategies now to capitalize on the growing offshore wind sector. This involves gathering market intelligence, engaging with industry, and building strong relationships to navigate the evolving market. Learning from international markets and adapting successful strategies locally is key. 

Engage and Network for Long-Term Benefits 

Active engagement and networking within the industry are crucial for participation. Joining industry associations like Marine Renewables Canada, participating in supplier databases, and connecting with developers are essential steps for long-term involvement and success in the offshore wind sector.