The surprise election of Stephane Dion to the leadership of the Canadian Liberal party represents a sea-change in our political and business landscape. Recent surveys -- both pre and post this weekend's conference -- show that Canadians want a change in the environmental status quo of this country. The Canadian public is not alone in their view. Europeans have long committed to investment in their environmental sector. Japan and other Asian countries are embracing industry initiatives like ISO14001 to reduce their environmental footprint.

Canadian companies are also embracing these changes. In the building sector, Canadians are world-leaders in sustainable, energy-efficient building technologies. Dion's election reflects that our political mandarins may be getting serious as well.

What does that mean for our VC investment sector? Don't be surprised to see some economic incentives that encourage investment in this sector. We probably will not have to wait for a change in government for that to happen. The Tories will be looking for ways to firm up their green credentials and one way would be through tax incentives in that area.

Get ready for the greening of Canada's VC sector. We don't have to wait for government to offer incentives. The Economist says that the green sector will grow 30% year-over-year for at least the next ten years and represents the greatest wealth-creation opportunity of the 21st Century. Do we need more encouragement than that?