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Ontario invests $100 million to boost cleantech innovation

Investment includes $25 million for an energy efficiency program to help small and medium-sized businesses reduce emissions.


TORONTO — Ontario is investing nearly $100 million from the Ontario Green Investment Fund into projects that will reduce greenhouse gas emissions, increase energy efficiency and support cleantech innovation and jobs, effectively putting the province’s contentious Climate Change Strategy into action

Premier Kathleen Wynne made the announcement at Morgan Solar in Toronto to announce the two new programs for business.

The government will invest $74 million in a cleantech innovation initiative to reduce greenhouse gas pollution by encouraging large industrial plants to adopt leading-edge technologies and supporting entrepreneurs in developing creative solutions.

The government is partnering with the Ontario Centres of Excellence on the initiative.

The province is also investing $25 million in a Green Smart energy efficiency program to help small and medium-sized businesses reduce emissions and become more energy efficient.

The program will be delivered by Canadian Manufacturers & Exporters, Canada’s largest trade and industry association.

The Evaluating Opportunities for Energy and GHG Reduction study will target 100 Ontario SME manufacturing facilities to develop energy conservation, energy management and energy efficiency retrofits best practices.

CME said the study will identify the impacts of advanced technology and productivity enhancement investments made in Ontario’s manufacturing sector to date. The compilation of best practices in attaining energy conservation and reduced greenhouse gas emissions will act as a guide to create a stronger and more agile SME manufacturing sector.

1 Comment » for Ontario invests $100 million to boost cleantech innovation
  1. Kent Raistrick says:

    “The program will be delivered by Canadian Manufacturers & Exporters, Canada’s largest trade and industry association.”

    Translation: Non-union companies need not apply.

    Also, the article at the link seems to indicate that they have already chosen the 100 companies that will be getting the funding.

    Nice. That’s fair.

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