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The Government of Canada announces new funding for energy efficiency and climate action in six provincesOTTAWA, Dec. 15, 2017 /CNW/ - Helping Canadians improve energy efficiency is an important part of Canada's action plan for growing the economy while meeting its climate commitments and creating good jobs in communities across the country. Today the Minister of Environment and Climate Change, Catherine McKenna, announced that the Government of Canada will provide over $1 billion from the Low Carbon Economy Leadership Fund over the next five years to the provinces of British Columbia, Alberta, Ontario, Quebec, New Brunswick, and Nova Scotia. The Low Carbon Economy Fund is an important investment under Canada's clean growth and climate plan, which will help Canada hit its 2030 Paris Agreement target. The fund has two components:
Building on the priorities they identified in Canada's clean growth and climate plan, provinces and territories have proposed concrete actions for Leadership Fund investments that will reduce carbon pollution and spur clean growth. Provinces estimate that the projects included in today's announcement could create up to 40,000 new jobs in fields like construction, other skilled trades, and engineerng. The Leadership Fund as a whole is projected to reduce Canada's greenhouse gas pollution by over 3 million tonnes in 2030, equivalent to taking nearly a million cars off the road that year. This is roughly equivalent to the emission reductions we expect to generate from proposed regulations for heavy-duty vehicles and engines announced in Spring 2017. Provinces and territories become eligible to receive Leadership Fund dollars when they adopt Canada's clean growth and climate plan, the Pan-Canadian Framework on Clean Growth and Climate Change. The federal government will launch the Low Carbon Economy Challenge in 2018. Quotes "Energy efficiency is a win-win – it helps Canadians save money and it cuts carbon pollution. I'm thrilled that we're working in partnership with six provinces today to invest in energy efficiency in homes, commercial buildings, and on farms." – Catherine McKenna, Minister of Environment and Climate Change Quick Facts
Associated Links
Environment and Climate Change Canada's Twitter page Environment and Natural Resources in Canada's Facebook page
SOURCE Environment and Climate Change Canada |