CHARLOTTETOWN, PEI – Tim Hodgson, minister of energy and natural resources, on Friday, announced close to $16 million in federal funding for energy projects in the Maritime provinces that will help deliver reliable, affordable clean energy in Prince Edward Island, Nova Scotia and New Brunswick — driving innovation, powering economic growth and creating good jobs throughout Atlantic Canada.
This investment will support key initiatives in the region, including:
- Modernizing electricity grids to deliver more reliable, affordable and clean power to Canadians;
- Advancing carbon capture and clean technologies to reduce emissions and bring more- affordable, low-risk Canadian energy to market;
- Expanding renewable energy capacity by advancing wind and solar power projects; and
- Supporting clean energy projects in Indigenous, rural and remote communities and advancing economic reconciliation.
This funding is rooted in collaboration with provinces, offshore regulators, Indigenous partners, workers and industry to ensure that federal investments reflect Maritime strengths and priorities and deliver long-term prosperity.
Through these investments, the government of Canada is investing more in the people and businesses that will build the strongest economy in the G7.
The projects announced today also underscore the government’s commitment to lowering Canadians’ energy bills, creating more reliable and clean power, growing job opportunities and fostering inclusive, respectful partnerships with Indigenous Peoples.
Quick facts
- Minister Hodgson was joined by the Honourable Gilles Arsenault, minister of environment, energy and climate action for Prince Edward Island, for this announcement.
- The projects announced today support the goals of the Regional Energy and Resource Tables (Regional Tables) in Prince Edward Island, Nova Scotia and New Brunswick.
- The Regional Tables foster ongoing, inclusive collaboration among governments, Indigenous partners and key stakeholders to identify regional growth opportunities, streamline regulations, attract investment and drive long-term economic and community benefits.
