Y E L L O W H E A D — Hon. Rob Merrifield, Member of Parliament for Yellowhead, today announced important investment to support 23 clean technology projects in communities from coast to coast to coast
Funding for the projects, which totals $61.8 million in areas such as agriculture, transportation, mining and energy, is being provided through Sustainable Development Technology Canada’s (SDTC) SD Tech Fund™.
“Your Government is doing its part to encourage innovation and the next wave of clean technologies to help protect our environment and create high-quality jobs,” said Mr. Merrifield. “Investment in projects such as these demonstrates our leadership in driving a vibrant clean technology industry in Canada and only strengthens our position as a global leader in clean technology.”
Minister of Natural Resource Joe Oliver and Minister of the Environment Peter Kent met with representatives of some of the companies receiving funding today. They were joined by Dr. Vicky Sharpe, SDTC President and CEO.
“SDTC is proud to add these projects to its portfolio, now valued at more than $2 billion,” said Dr. Sharpe. “When purchased and used by Canadian industry, these technologies will enable a variety of sectors to increase their share of global markets. As Canada works to diversify its export markets, working with new trading partners in emerging countries, these innovative technologies will help make Canadian natural resources and products more globally attractive and competitive.”
Sustainable Development Technology Canada’s SD Tech Fund™ has to date supported more than 245 projects and allocated $592 million.
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For further information (media only):
Office of Canada’s Minister of Natural Resources
Natural Resources Canada