It continues to be a technology leader in the sector, with more than 100 established businesses, including names such as Ballard, which is known for its PEM hydrogen fuel cell expertise in heavy duty transportation, and Loop Energy, which also develops hydrogen fuel cells.
Today, Canadian heavy-duty fuel cell engine technology powers more than half of worldwide fuel cell electric buses and, in 2018, Canadian technology was used in the first hydrogen-powered commuter train. Canada is host to the world’s largest PEM electrolyser plant at Bécancour, which produces up to 8.2 tonnes of green hydrogen per day.
Commenting on TD Securities’ move into online platinum bullion, Anthony Herceg, Director, North American Retail FX and Precious Metals, said:
“Expanding our Canadian precious metals offering to include platinum aligns with consumer demand and complements TD Securities' existing leadership in platinum wholesale market activity around the world. Part of our value-added approach is to also provide our clients with engaging information around precious metals investing, and platinum’s link to hydrogen technologies is certainly a point of interest, especially given the potential for growth in the sector, not only here in Canada, but globally.”