Government of Canada Invests in Alberta’s clean technology industry

Backgrounder

The global economy is moving toward a greener future and Canada is working to keep pace. The global campaign against climate change is an economic opportunity for Canada to create jobs and meet our climate change goals. Developing a strong clean technology industry will help support the adoption of alternative technologies and create well-paying, middle class jobs for Canadians.

The Western Diversification Program (WDP) is the main program through which Western Economic Diversification Canada (WD) makes strategic investments in initiatives with not-for-profit organizations that enhance and strengthen the economy of Western Canada. Contributions are made to projects that support the development and diversification of the western Canadian economy through clean technology and Indigenous economic growth.

Today’s announcement is for eight WDP clean technology projects in the Calgary area:



Project Proponent

Project Description

Western Diversification Program Funding

CMC Research Institutes Inc.

Support the development of state-of-the-art technology for methane emissions monitoring in water, soil and the atmosphere. This project will improve emission detection accuracy and provide industry with sensitive tools that will aid in better understanding and reacting to methane emissions.

$974,000

TECTERRA Inc.

Invest in new equipment to expand the GeoSpace. The equipment will help companies to develop, test and commercialize clean, geospatial technology.

$915,000

University of Calgary

Establish the Centre for Smart Emissions Sensing Technologies. The project will result in the development of smart technologies to detect and quantify methane emissions in the oil and gas sector.

$400,000

Petroleum Technology Alliance Canada

Build and deploy a mobile facility, called the Centre for the Demonstration of Emissions Reductions (CeDER), which will field test methane emissions reduction technologies.

$393,000

University of Calgary

Create an outdoor validation facility for demonstrating solar bio-technology that will produce renewable gas, renewable plastic, biochar and electricity. The project will result in clean technologies that will help to reduce greenhouse gas emissions.

$314,500

CapitalRoad Foundation

Support hosting the Canadian Financing Forum, PROPEL Energy Tech Forum, and the Banff Venture Forum from 2018 to 2020. These forums provide clean technology companies an opportunity to showcase their products and services and find investors.

$228,000

Alberta Clean Technology Industry Alliance

This investment will support ACTia’s industry-focused events in 2017-2019, fostering enhanced access to services and programs, activating international opportunities and promoting Western Canada as a global clean tech destination.

$190,000

Canadian Global Exploration Forum

Support the showcasing of Western Canadian clean technology innovators at the Global Petroleum Show 2017, CGEF’s annual conference 2017, and the Global Petroleum Show 2018.

$70,906

Total Funding

$3,485,406

 

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