Canada has become the latest government to take a hard stance on single-use plastics for corporations and businesses. By the end of this year, Canadian businesses will no longer be able to import plastic bags, takeout containers for food, plastic cutlery, and other items like ring carriers, stir sticks, and of course, straws.
But that’s not all. Businesses have until the end of 2023 to use their existing stock of plastic products, and the government will also put an end to exporting plastic items in 2025. Canada estimates that this will eliminate over 1.3 million tonnes of plastic waste from the oceans over the next decade.
It is just the latest step in the world’s focus on eliminating plastics from our oceans. Global environmental companies are leading the fight. US-based Waste Management (NYSE:WM) and European giant Veolia Environnement (OTC:VEOEY) are two of the larger corporations involved. In addition to this, smaller businesses like CleanVision Corp (OTC:CLNV) are also implementing plastic conversion networks around the world to help convert collected plastic waste into usable energy sources.
CleanVision Corp, through its subsidiary Clean Seas, has already implemented these networks in India and Morocco, and has entered into a joint venture to establish one in Puerto Rico as well.
