The TSX Venture Exchange (TSXV) has unveiled its 2025 TSX Venture 50™, recognizing top-performing early- and growth-stage companies that have demonstrated remarkable market performance. Among the standout firms are three cleantech companies—SPARQ Systems, BIOREM, and Northstar Clean Technologies—each making significant strides in advancing sustainable innovation. Kingston-based SPARQ Systems emerged as the leading performer on this […]
News
Government Invests in Alberta-Based Cleantech Innovators Levven and Grengine
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 […]
BC Hydro Advances Renewable Energy with 10 New Projects
BC Hydro has filed an application with the BC Utilities Commission (BCUC) seeking approval for Electricity Purchase Agreements signed with ten new renewable energy projects. The agreements stem from BC Hydro’s recent call for power and mark a significant step toward expanding the province’s clean energy supply. The ten projects—nine wind farms and one solar […]
Magna and Foresight Launch Challenge to Cut Auto Industry Emissions
Foresight Canada and global automotive giant Magna International have launched the Magna International Facility Emissions Challenge, an initiative aimed at reducing greenhouse gas (GHG) emissions from manufacturing facilities without compromising efficiency or production quality. The challenge, part of Foresight’s Innovation Challenge program, seeks innovative solutions such as energy recovery systems, alternative fuels, efficient ventilation designs, […]
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 […]
Climate Tech Trailblazer Award Offers $300K for Innovators
Cleantech innovators have a major opportunity to gain funding, recognition, and industry connections through the Climate Tech Trailblazer Award, which is offering $300,000 in prizes to support groundbreaking climate solutions. Managed by Foresight Canada in partnership with the Climate Solutions Prize, the award will be a highlight of the Climate Solutions Prize Festival, a premier […]
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 […]
Li-Cycle Expands U.S. Battery Recycling Partnerships Amid Energy Storage Boom
Toronto’s Li-Cycle, a leading global lithium-ion battery recycling company, has strengthened its partnerships with major battery energy storage system (BESS) providers across the United States, reinforcing its role in the country’s clean energy supply chain. In 2024, Li-Cycle recycled over 100 MWh of energy from BESS partners—a 33% increase from the previous year. During Q4, […]