National

Ottawa announces $55m in clean tech funding

Darpan News Desk The Canadian Press, 11 Feb, 2021 05:51 PM

The federal government is announcing $55 million in funding to support Canada's clean tech sector.

The money will go to 20 companies across the country.

« We are securing Canada’s leadership in the large and growing global clean technology market, and ensuring a more sustainable future for all Canadians » ⬇️#cleantech https://t.co/DSP7hM4s9D
— François-Philippe Champagne (FPC) 🇨🇦 (@FP_Champagne) February 11, 2021

It will help fund research and development on ways to reduce greenhouse gas emissions, lessen the environmental impacts of mining and support more sustainable agriculture.

The recipients include a Regina company using drones to help reduce the amount of chemicals that farmers apply to their land and a Montreal firm developing more efficient glass for solar panels.

Industry Minister Francois-Philippe Champagne says the spending will help keep Canada at the forefront of the large and growing clean technology market.

Federal figures suggest that market is set to exceed $2.5 trillion by 2022.

The money will be delivered through Sustainable Development Technology Canada, a federal agency that received $750 million in December.

Prev Next

MORE National ARTICLES

The 2021 BC Housing Market Outlook & Updates

Recent years have seen BC housing prices soar to unexpected heights, leaving many to believe it’s just a matter of time before the real estate bubble bursts.

The 2021 BC Housing Market Outlook & Updates

B.C. says land registry makes market transparent

Beginning Monday, any corporation, trustee or partnership that buys land in B.C. must disclose the interest holders of that land through the Land Owner Transparency Registry.

B.C. says land registry makes market transparent

Ottawa beefs up loans for hard-hit businesses

The Liberal government's fiscal update sketches out a program that will provide low-interest loans of up to $1 million for badly hurt entrepreneurs.

Ottawa beefs up loans for hard-hit businesses

Feds promise national daycare in spring budget

As a start, the Liberals are proposing in their fiscal update to spend $420 million in grants and bursaries to help provinces and territories train and retain qualified early-childhood educators.

Feds promise national daycare in spring budget

Vancouver Police issue $2300 ticket to the party host over the weekend

Police responded to a condo building and found 16 people at a party in one unit. The party was dispersed and a $2,300 violation ticket was issued to the primary resident of the unit.

Vancouver Police issue $2300 ticket to the party host over the weekend

Federal Government records deficit of more than $381 billion in face of COVID19 pandemic

Freeland defends the federal government's record deficit of more than $381 billion as affordable and necessary, arguing the government would make a bigger mistake by spending too little than by spending too much.