Today, Lisa Hepfner (MP for Hamilton Mountain) on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced an investment of $10 million through Natural Resources Canada’s (NRCan) Greener Neighbourhoods Pilot Program (GNPP) for CityHousing Hamilton. The funding will help reduce energy consumption by more than 60 percent in affordable housing units.
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced over $1.5 million in federal support for three projects focusing on the advancement of prefabricated wood construction in the province of British Columbia. These investments are aimed at promoting construction using Canadian wood and driving sustainable innovation in the forestry and construction sectors.
Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, the Honourable Steven Guilbeault, Minister of Environment and Climate Change, and the Honourable John Streicker, Yukon Minister of Energy, Mines and Resources, announced they are more than tripling the funding for a program to help Yukon homeowners switch to energy-efficient heat pump systems, which will help households save money, ensure year-round comfort and reduce greenhouse gas emissions.
Hydrogen is expected to play a key role in powering the economy going forward, and momentum is underway around the world to secure strong, reliable suppliers. Clean hydrogen has the potential as an efficient fuel source to revolutionize key sectors, including heavy industry, energy production and transportation. With the demand for clean hydrogen projected to increase — projections indicate at least a tenfold increase in demand over the next three decades — Canada is uniquely positioned to meet this need. Atlantic Canada in particular is already seeing significant movement to seize the economic opportunity this presents for the region and is expected to create thousands of jobs.
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Since its launch in 2017, the Strategic Innovation Fund (SIF) has supported collaboration between businesses, research institutions and non-profit organizations to drive growth in key emerging technology sectors. It funds business-led projects in areas where Canada has an economic advantage, such as cleantech, life sciences, agriculture/agri-food, mining and aerospace. Over the years, SIF networks have supported over 750 small and medium-sized enterprises (SME) that have created over 1,200 jobs and attracted over $1.7 billion in investment.
| Innovation, Science and Economic Development Canada
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Travel and tourism play an important role in promoting economic growth, developing destinations and strengthening understanding between peoples. They also reinforce cooperation and diplomatic relations between countries.