Canada this week announced nearly $7 million in investments for four companies based in the Edmonton region. Edmonton, which the federal government describes as a “thriving source of economic diversification in Alberta and home to some of Canada’s most innovative, high-growth companies responsible for strengthening our national economy,” will see $6.7M split across four small-to-medium […]
Canada Joins Global Offshore Wind Alliance to Cultivate Clean Domestic Energy
With the longest coastlines in the world, Canada is well positioned to partake in the $1-trillion global offshore wind energy market, according to the federal government. Empowering the country’s offshore wind energy sector will create jobs and fuel Canada’s economy while ensuring secure domestic energy sources, the government says. This week, federal minister Jonathan Wilkinson […]
Canada Earmarks $35M for Clean Energy Projects Targeting Marine Shipping Sector
Building clean transportation systems “is more important now than ever before,” according to a recent statement from the Government of Canada. The federal government says it is “actively working to achieve decarbonization of the marine sector by advancing green shipping initiatives along British Columbia’s coastline.” Following mouth with money, federal Minister of Transport Anita Anand […]
Canada’s Biggest Bank Unveils Collab with Emissions Tracking Platform Carbonhound
The Royal Bank of Canada this week unveiled a partnership with Toronto’s Carbonhound, an automated greenhouse gas emissions reporting platform. The collaboration between RBC and Carbonhound is designed to help Canadian businesses measure, verify, and manage their emissions. As regulatory requirements intensify, Canadian businesses face increased demands to accurately report their emissions and other environmental […]
Nominate Your Favourite Innovator for Foresight Canada’s Cleantech Awards
The nomination deadline for the annual Cleantech Awards approaches. The 2025 Cleantech Awards are set to spotlight exceptional companies and individuals advancing innovation, economic leadership, and technology adoption across Canada’s cleantech sector. This year, there are regional awards for British Columbia, Alberta, and Atlantic Canada, with nominations open for each region through February 20th. For […]
Federal ‘Growth Fund’ Reveals $50M Toward Venture Capital for Cleantech in Canada
Canada Growth Fund this month announced an official financial commitment to Longbow Capital. Longbow is a Calgary-based private equity investment manager with a decades-long track record of investing in energy, infrastructure, and technology. The company’s Longbow Energy Transition Fund II invests in businesses that are expected to benefit from the momentum behind North America’s energy […]
Cleantech Takes the Crown in Canada as CIX Startup Awards Reveals Recipients
This year’s recipients of the CIX Startup Awards, a showcase of Canada’s rising stars selected by North American investors, have been revealed. The CIX Selection Committee, comprising over 100 investors and experts, evaluated submissions based on six criteria: Business Model, Quality of Product and Service Offering, Innovation, Market Opportunity, Depth of Management, and D.E.I. of […]
Five Cleantechs from Across Canada Making an Early Splash in 2025
Pointing to a “noticeable decline compared to previous years,” Cleantech Group CEO Richard Youngman recently wondered whether Canada’s cleantech innovation pipeline has begun to lose momentum. “If so,” he said, “understanding the reasons behind this trend is critical.” Tyler Hamilton, senior director of climate at MaRS, posited this month that Canada’s diminished showing on the […]
Svante Campaigns to Protect Winter Sports in Canada from Shifting Climate
Svante Technologies unveiled this week a collaboration with Speed Skating Canada. Headquartered in Vancouver, Svante is a carbon capture and removal solutions provider that makes nano-engineered filters and modular machines that capture and remove CO2 from industrial emissions. Svante is partnering with Speed Skating Canada on a climate change awareness and education campaign, dubbed “Save […]
Cyclic Materials Secures Another $2M to Expand Its Recycling Tech Everywhere
An advanced recycling company targeting the critical minerals space has raised another $2 million in capital as the market for its innovative technology expands. Toronto’s Cyclic Materials, a firm building a circular supply chain for Rare Earth Elements, garnered the funds from InMotion Ventures, the investment arm of Jaguar Land Rover. The $2M builds on […]