Government of Canada Invests in Clean Technology and Indigenous Economic Growth in British Columbia

Today, the Honourable Joyce Murray, President of the Treasury Board and Minister of Digital Government, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada (WD), announced a combined total of more than $4 million towards two projects that will stimulate economic growth and is expected to create more than 300 jobs through innovations in the forestry sector.

The University of British Columbia (UBC) will receive $2.38 million towards the research and testing of clean technologies that generate renewable natural gas (RNG) from forest residues. This project will use clean technology to produce affordable fuel that can be used to power pulp mills or sold to export markets. The project is expected to create 238 jobs as mills adopt innovative RNG technology.

By Futures Trading Charts

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