The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, today announced an investment of over $39.6 million in 14 innovative clean technology projects across Canada. The projects, which are being carried out in British Columbia, Manitoba, Ontario and Quebec, span several sectors, including waste management; energy, exploration and production; power generation; energy utilization; and agriculture. Minister Bains also announced $5.5 million in new funding for three previously funded Sustainable Development Technology Canada (SDTC) projects.
The announcement was made at DarkVision Technologies Inc., which will receive $3 million in SDTC funding for the development of oil and gas well imaging technology. Projects are funded through SDTC's SD Tech Fund. This investment is part of the Government of Canada's support of clean technology to diversify Canada's economy, open access to new international markets, reduce greenhouse gas emissions and create well-paying middle-class jobs for Canadians.The Government of Canada has allocated a total of $915 million for the fund to invest in pre-commercial Canadian clean technology projects that have the potential to meet market demand and to achieve Canada's environmental and economic goals in priority areas.
Source: AAFC