NEWS & EVENTS
In the News:
Clean Technology Identified as Key Economic Sector in Budget 2013
March 22, 2013
The Government of Canada released its 2013 Budget on Thursday, March 21st. In this budget, clean technology was identified as a key economic sector, along with defence, aerospace, automotive ship building and forestry.
Federal Minister of International Trade Announces Selection for New Canadian Technology Accelerator Program
March 12, 2013
The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, has announced that 10 promising Canadian start-up companies have been selected as the inaugural class for a new Canadian Technology Accelerator (CTA) program for the clean technology sector.
Canadian Clean Technology Coalition Provides Testimony to the Standing
Committee on Natural Resources
March 7, 2013
The Canadian Clean Technology Coalition was invited to present testimony on the economic impact of the Canadian clean technology industry to the House of Commons Standing Committee on Natural Resources.
Canadian Clean Technology Industry Grows Employment by 17 Percent per Year over Three Years to 52,600
October 30 2012
Analytica Advisors today released the 2013 Canadian Clean Technology Industry Report, with findings which show that the Industry has made significant strides toward becoming a meaningful contributor to Canada’s economy.
MaRS announces Canada's first early-stage cleantech venture fund
Toronto, March 26 2012
MaRS is pleased to announce the launch of Canada's first dedicated early-stage cleantech venture fund. The MaRS Cleantech Fund LP ushers in a new model in early-stage technology investing by leveraging the strength of a non-exclusive, but strategic relationship between MaRS Discovery District and the private sector.
Action Canada Task Force on Clean Technology Releases Final Report
February 28, 2012
The Canadian Clean Technology Coalition supports the recommendations contained in the newly-released Action Canada Task Force report.
February 3 2012
The Canadian Clean Technology Coalition views the announcement by the Government of Canada of successful applicants for second round pre-qualification in the Canadian Innovation Commercialization Program (CICP) as a clear and positive indication of the growth and innovation demonstrated by the clean technology sector.
Ottawa Business Journal
Clean-tech sector calls for greater access to government contracts
Published on November 1 2011
Ottawa’s clean-tech companies need to land more sales with domestic public-sector clients to land more business abroad and tap into a global market valued at roughly $1 trillion annually, according to a leading industry representative.
market2world PR report for OCRI
October 27 2011
85 per cent of Canadian clean technology companies require zero government subsidies and are set to compete in $3 trillion global industry according to Canadian Clean Technology Coalition
Why the U.S. Should Not Abandon Its Clean Energy Lending Programs
September 27, 2011
With the bankruptcy of the California solar-gear manufacturer Solyndra, the Department of Energy (DOE)’s loan program has been excoriated for wasting tax payer money under suspicious circumstances. The program’s website refers to 63,000 jobs created with $38.6 billion of loans. Some, like those at the Washington Post, see this number and incorrectly conclude that the government has spent $600,000 per job. Others cite the size of the loan guarantee to Solyndra—$535 million—and mistakenly equate it with the taxpayer bill for one company’s failed enterprise...
Washington Post editorial on nixing "Buy America" from September 21:
THE AMERICAN Recovery and Reinvestment Act of 2009, a.k.a. “the stimulus,” had its pluses and minuses. But few would dispute that some of the worst bureaucratic hassles and international disputes associated with that $825 billion measure stemmed from its protectionist “Buy America” provision, which prohibited the use of imported steel on tens of billions of dollars’ worth of infrastructure and building modernization projects.
Entropex Receives $4M Support from Ontario Ministry of Research and Innovation
Ontario Invests in Innovation, Creates 90 New Jobs
MRI | June 6, 2011
Ontario is helping Entropex External link — an innovative recycling company in Sarnia — pilot new technology, generate local and global business opportunities and create 90 jobs for families.
The support will help the company pilot a new process that will recover 30,000 tonnes per year of unrecycled plastic that would otherwise end up in landfills. By returning more plastics to the manufacturing sector for reuse, the technology will save enough electricity to meet the energy needs of 38,000 people.
GLOBAL CLEAN ENERGY INVESTMENT REACHED A RECORD $243 BILLION IN 2010
March 29, 2011 | WASHINGTON
China Led All G-20 Members Receiving a Record $54.4 billion. Canada ranks 4th after Germany, Italy and China in terms of investment intensity (Clean energy investment per $ GDP) garnering $5.4 billion.
Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30 percent increase from the previous year. China, Germany, Italy and India were among the nations that most successfully attracted private investments, according to new research released by The Pew Charitable Trusts.
CLEANTECH COMPANIES AMONG APPLICANTS TO PRE-QUALIFY IN CANADIAN INNOVATION COMMERCIALIZATION PROGRAM (CICP)
March 9, 2011| Ottawa, ON
The Honourable Rona Ambrose, Minister of Public Works and Government Services and Minister for Status of Women, and the Honourable Christian Paradis, Minister of Natural Resources, announced on March 9, the Government of Canada has pre-qualified its first 19 innovations which it may buy and test as part of the Canadian Innovation Commercialization Program (CICP).
Nova Scotia-based LED Roadway Lighting and Quebec-based CVT Corporation, were among the applicants to successfully pre-qualify for funding in the first round. LED Roadway is developing street lights with GPS dimming-on/off and advanced power supply. CVT was approved for its diesel gensets models of 50kW and 125kW, saving 10-50% fuel with ROI of less than a year.
“There is significant value in domestic procurement programs like these to the growth of the clean technology sector in Canada”, said Charles Cartmill, CEO of LED Roadway Lighting Ltd. “By being awarded this contract for the testing and validation of our leading edge technologies, we have the opportunity to develop an innovative design resulting in increased energy savings and a significant return on investment for consumers once the new technology is implemented.”