Clean Tech Investments in Canada

Sustainable Development Technology Canada (SDTC) began its rollout of announcements of recipients from the SDTC Tech Fund in February in Southwest Ontario and in Quebec on February 16. Of the $25 million invested in Quebec, almost half was directed to Nemaska Lithium Inc., for a pilot demonstration project aimed at lowering costs associated with electric vehicle use. On February 20, seven clean technology projects in Ontario received over $26.8 million and on March 4, similar investments in Alberta were announced. In Alberta, with the top three recipients are projects for cleaner technologies for oil sands. It was B.C.’s turn on March 16, when a further $27.3 million was distributed for 10 projects. Each press release names the recipient companies and summarizes their technologies.

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