Investment in renewables, CCUS and smart grid

Source: International Energy Agency
Last updated: 27 April 2026

The government committed to an investment in clean energy development to strengthen energy security and position itself as a clean energy leader, with USD 21 million (CAN 29 million). Inclusive in the funding package are five CCUS research (CAD 16.9 million) and development projects, three renewable energy projects (CAD 9.2 million), and four smart grid innovation projects (CAD 2.8 million).

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