|Date Ended:||31 March 2006|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments>Fiscal/financial incentives|
|Policy Target:||Energy Sector>Electricity Generation>Renewable|
|Agency:||Natural Resources Canada (NRCan)|
|Legal References:||Budget 2000|
Launched on October 28, 2002, the Market Incentive Program was a $25-million initiative through the Action Plan 2000 on Climate Change to stimulate the emerging markets for renewable electricity. the Program sought proposals from electricity distributors interested in developing market-based projects to increase the sales of electricity from emerging renewable energy sources in residential and small-business sectors. The Government of Canada provided a short-term financial incentive of up to 40 percent of the eligible costs of an approved project, to a maximum contribution of $5 million per recipient. The funding for the programme endedl March 31, 2006.
Last modified: Mon, 04 Mar 2013 18:08:47 CET