Organization: Government of Alberta

Canada’s first “credible” climate plan requires rapid policy implementation and massive investment, independent experts say

The federal government’s new climate plan is the most credible ever produced with the policies needed to meet Canada’s climate goals, but it will take accelerated policy implementation, massive private and public investment, and unprecedented technology deployment to actually achieve carbon emissions-reduction targets in 2030 and 2050, according to two independent think tanks.

The Short Report – March 30, 2022: Ottawa releases $9.1B emissions reduction plan, Montreal’s CDL surpasses $1B in equity value creation, Canada’s tech performance blooms in 2021, and more

Government of Canada releases a $9.1 billion emissions reduction plan, Montreal’s Creative Destruction Lab doubles its $500 million target within first 5 years of opening, US dollars driving Canadian technology’s investment surge in 2021, four provincial governments agree to a joint strategic plan on small modular reactors, and more.

The Short Report – Feb. 2, 2022: Canadian cleantech companies make Top 100 global list, major VC funds launched by MaRS and Deloitte Canada, regional tech ecosystems see record investment, and more

GOVERNMENT NEWS Environment and Climate Change Canada has opened the second round of applications for $200 million in funding for climate action initiatives through the Low Carbon Economy Fund “Champions” funding stream. Applicants can request between $1 million to $25 million for eligible project expenditures. Since being launched in 2018, the Low Carbon Economy Challenge…

Could small modular reactors help to achieve Canada’s net-zero emissions goals?

Proponents say small modular nuclear reactors will be needed for Canada to meet its climate goal of net-zero emissions by 2050. But opponents argue that spending public money on the nuclear technology doesn’t make economic or environmental sense, and they’re calling on the federal government to immediately cease all such investment.