Press Release
From: Prairies Economic Development Canada
July 4, 2024
As global markets increasingly look for more sustainable ways of doing business, innovators across Alberta have new opportunities to create and commercialize technologies that offer benefits for both the economy and the environment. Alberta is already a national and global leader across key sectors that contribute to Canada’s prosperity—from energy, environment and aerospace to digital technology, life sciences and value-added agriculture.
Through improved coordination across federal departments and in partnership with all levels of government and industry, the Government of Canada is committed to enabling Alberta’s small- and medium-sized businesses to continue capitalizing on these and other opportunities that build on Alberta’s established strengths in creating products and services that the world needs.
Today, the Honourable Dan Vandal, Minister for PrairiesCan, announced federal funding of more than $21.9 million for 13 projects to bolster Alberta’s clean technology sector through the commercialization and adoption of new applications that offer environmental benefits across a wide range of industries. Examples of projects receiving support include:
Projects receiving funding will have significant environmental and economic benefits across the Prairies, including supporting more than 415 jobs and enabling Alberta firms to take advantage of growing market demand for clean energy solutions. Today’s federal investment leverages about $7 million in additional funding through other levels of government and industry.
This announcement exemplifies key principles of the Framework to Build a Green Prairie Economy, which was tabled in Parliament in December 2023 as a long-term commitment to seize new possibilities to build good-paying jobs in a globally competitive green economy by working collaboratively to build on the region’s strengths in clean resource development, agriculture and manufacturing, and the service industry.
Quotes
“Our government is making strategic investments to build on Alberta’s proven ability to commercialize innovative clean energy solutions that have environmental and economic benefits. Today’s investment in these 13 projects will help ensure that Alberta businesses can capitalize on new opportunities to meet global demand for clean technology know-how and expertise. These investments, in conjunction with enhanced collaboration supported by the Framework to Build a Green Prairie Economy, will help build a stronger and more sustainable economic future across the Prairies.”
–The Honourable Dan Vandal, Minister for PrairiesCan
“Today’s announcement is about making sure Alberta businesses remain at the forefront of Canada’s innovation. These projects will create sustainable jobs and demonstrate Alberta’s proven capacity to create clean technology and energy – pushing us towards great global market opportunities.”
–The Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages
“Alberta is home to world-leading businesses and entrepreneurs who punch above their weight in innovation and ingenuity. Clean technology and clean energy are fields in which our province is gaining a global reputation for excellence. Today’s investments will further bolster that capability so that we can create a sustainable economy and good jobs for Albertans for years to come.”
–George Chahal, Member of Parliament for Calgary Skyview
“We congratulate Alberta Innovates on the success in the Regional Innovation Ecosystems program competition. The award will create markets and opportunities for Alberta that haven’t previously existed. We look forward to the results of the Carbon Fibre Grand Challenge, which has the potential to create jobs in a new industry, and to attract investment.”
–The Honourable Nate Glubish, Minister of Technology and Innovation, Government of Alberta
“This investment of more than $21 million is a vote of confidence in our city’s ability to lead the charge towards net-zero. As the heart of Canada’s energy sector and home to the biggest concentration of Alberta’s cleantech companies, our local businesses are at the forefront of developing technologies that will shape a greener future. This support will undoubtedly accelerate their efforts to bring these solutions to global markets.”
–Jyoti Gondek, Mayor, City of Calgary
“This initiative will support our commitment to reduce greenhouse gas emissions, improve housing sustainability and build internal capacity within Métis Housing, accelerating climate action for our Housing portfolio and ensuring that our staff are equipped with the knowledge and skills needed to drive sustainable change from within our community. Together, we are laying the groundwork for a more sustainable and resilient future for generations to come.”
–Jason Chernow, Calgary Elbow Métis District 6 Citizens’ Representative and Secretary of Environment and Climate Change, Otipemisiwak Métis Government of the Métis Nation within Alberta
“This funding will accelerate the development and commercialization of carbon fibre technologies in Alberta. Carbon fibre can be a key pathway to a net-zero emissions future – dramatically reduce emissions and enable a new Canadian competitive advantage in a low-carbon economy. The facility will allow carbon fibre producers and manufacturers to meet the needs of climate sensitive markets and get a step closer new advanced materials industry.”
–Michael Mahon, PhD, Interim CEO, Alberta Innovates
“BMAC’s mission is to foster the growth of Canada’s emerging battery industry to develop a strong and sustainable domestic value chain in support of the clean energy transition. As a small non-profit organization with a large mandate, the investment BMAC has received from PrairiesCan has been instrumental in enabling us to connect with Canada’s battery industry and provide key resources and support to aid in its success.”
–Sean De Vries, Executive Director, Battery Metals Association of Canada
“We are thrilled to have been selected for investment by PrairiesCan. This funding will enable us to accelerate growth by investing into increasing our Calgary-based team and commercialising additional features while helping our oil and gas customers see, size and solve their methane emission challenges to meet emission reduction goals.”
–Stefan Bokaemper, President, Kuva Canada
Quick facts
Related products
Associated links
Contacts
Kyle Allen
Director of Communications
Office of the Minister of Northern Affairs and Minister responsible for PrairiesCan and CanNor
kyle.allen@rcaanc-cirnac.gc.ca
Rohit Sandhu
Communications Manager
Prairies Economic Development Canada
rohit.sandhu@prairiescan.gc.ca
IBF6