Government of Canada announces support for innovation in clean technology and sustainable materials
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Funding will enable the establishment of a cleantech hub at the University of British Columbia’s Okanagan campus that will develop and commercialize clean technologies
January 15, 2021 – Kelowna, British Columbia – Western Economic Diversification Canada
The Government of Canada is committed to supporting a competitive, green economy by leveraging opportunities to promote sustainable technologies. That includes investing in innovation that recycles materials normally thrown away into value-added commodities.
Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages and Minister responsible for Western Economic Diversification Canada, announced $1.9 million in funding to the University of British Columbia’s Okanagan campus (UBCO) to develop an innovation hub that will promote clean technologies that convert carbon-based additives and components into new, sustainable products.
Canadians are full of innovative new ideas that will lead to the development and deployment of important new clean technologies. Carbon-based materials have a number of applications, but most of these materials are derived from the mining, oil, and gas industries. Finding new, sustainable ways to create carbon-based materials from recycled products will help Canada lower its carbon emissions and reduce industrial waste.
With this funding, UBCO will work with manufacturing, mining and lumber companies in Western Canada to research how industrial waste can gain a second life as high-quality carbon products. One example is the conversion of carbon collected during the recycling process of heavy industry vehicle tires into battery electrodes that power electric vehicles. These new products have applications in both domestic and international markets and will open up new exporting opportunities for Canadian-made innovation.
Targeted action by the government to mobilize private capital will better position Canadian firms to bring their technologies to market, unlocking both the economic and environmental potential of the growing global clean technology market. This project will build on British Columbia’s reputation as a leader in the clean technology sector. It also fosters a more inclusive economy by creating almost 50 well-paying jobs for underrepresented groups including women, youth and Indigenous students.