The Canadian Government’ Climate Action and Awareness Fund Invests $58mn into 24 Clean Tech Projects
In pursuit of its goal of net-zero greenhouse gas emissions by 2050, the Canadian Government will invest $58 million into 24 clean tech projects. The project leaders and recipients of the funding are 12 Canadian universities and one non-governmental organization.
The University of Waterloo received the largest portion of this funding – $15.8 million that will fund 6 projects led by the university. One of these clean tech projects, Solutionscapes, aims to design climate and water-smart agricultural systems. Another project, led by a professor of chemical engineering, seeks to assist in the development and ultimate deployment of “direct air capture” – technology that directly captures carbon from the atmosphere.
Among the other recipients of the funding were the University of Toronto ($8,970,000), the University of Calgary ($6,096,504), the University of British Columbia ($5,286,160), and the Canada Green Building Council ($1,712,158). Steven Guilbeault, Minister of Environment and Climate Change, made the announcement of the funding and its allocation and noted that such funding will be a key step in advancing science and technology to fight climate change: “Scientific research underpins everything we do to fight climate change. This funding provides critical support, allowing government and academia to work together in exploring practical and achievable climate change solutions. By leveraging our unique expertise, we can foster collaboration across disciplines, sectors, communities, and research bodies.”
Author: Bayley Winkel, 2022/2023 Articling Student-At-Law
Photo Credit: https://unsplash.com/@publicpowerorg
Expertise
Insights
-
Technology
Whoop and the Wearable Health Market
In March 2026, Whoop Inc. (“Whoop”) completed a Series G funding round for US$575 million, valuing the leading fitness wearable company at US$10.1 billion. Whoop received investment from many notable… -
Technology
The Smartest World Cup Yet: Inside FIFA’s Latest Officiating Innovations
The 2026 FIFA World Cup will showcase some of the most advanced officiating technology ever used in soccer. Building on systems introduced in previous tournaments, FIFA is rolling out new tools… -
Technology
Betting on the Future: How Prediction Markets Are Changing Everything
Recently, the Canadian Investment Regulatory Organization (“CIRO”) approved Wealthsimple to offer forecast contracts. Forecast contracts are investment products that offer investors binary “yes” or… -
Technology
Four Legal Takeaways from the Proposed Canadian Social Media Legislation
On June 10, 2026, the federal government introduced Bill C-34, also known as the Safe Social Media Act. The proposed legislation represents a sweeping effort to regulate social media platforms… -
Technology
Dreaming of a Good Sleep? Technology Might Help
The “sleep economy” is growing rapidly with more than just sleep masks, weighted blankets and melatonin products on the market selling a good night’s rest. Sleep technology has evolved from tracking… -
Privacy and Data Protection
Canadian Privacy Regulators Publish Findings and Guidance on OpenAI Privacy Compliance
Following a multi-year joint investigation, federal and provincial privacy regulators recently published their findings with respect to OpenAI’s collection and use of personal information to train…