Investing in clean technology - R&D Capital
Blog >

Investing in clean technology

Investing in clean technology

March 29, 2016

Investing in clean technology

FEDERAL 2016-2017 BUDGET

Investing in clean technology

  • Over $130m over five years, starting in 2016-17, to support clean technology research, development and demonstration activities by increasing the funding to Sustainable Development Technology Canada for the SD Tech Funds and Natural Resources Canada for clean energy technologies
  • $62.5m over two years, starting in 2016-17, to Natural Resources Canada to support the deployment for alternative transportation fuels, including charging infrastructure for electric vehicles and natural gas and hydrogen refueling stations
  • $20m over eight years, starting in 2018-19, to create two additional Canada Excellence Research Chairs in fields related to clean and sustainable technologies
  • $100m per year, starting in 2016-17, to Canada’s six Regional Development Agencies to support clean technology activities
  • $50m over two years, starting in 2016-17, to Natural Resources Canada to invest in technologies that will reduce greenhouse gas emissions from the oil and gas sector
  • $3.4b over five years, starting in 2016-17, to address climate change and air pollution, protect ecologically sensitive areas and restore public trust in the environmental assessment processes

Stay informed!

Subscribe to our newsletter in order to stay informed of R&D Capital news.