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Recent Articles

Mayfair Gold digs Canada’s first carbon-neutral gold mine

2 years ago

BIZ   •   • 

Mayfair Gold, a Matheson, Ont.-based gold mine operator, is seeking to remedy its contribution to climate change with the completion of what it claims is Canada’s first carbon-neutral gold mine.

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One glance at Building 250 confirms that its demolition will be complicated. Workers clad in protective gear are busy removing its asbestos cladding, which has been gridded off in orange ink into alphanumerically labelled boxes.

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EllisDon and DIALOG have filed patents for the Hybrid Timber Floor System (HTFS), a 105-storey hybrid timber tower design concept. The HTFS combines cross-laminated timber (CLT) panels with steel and concrete to build highrise towers with a reduced carbon footprint.

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Canadian public and private sectors have partnered to conduct a series of fire research tests on a mass timber structure in Ottawa. The largest burn, which will consume a purpose-built two-storey building, will take place at the end of June. Additional fire tests will occur over the summer.

Global Property Market

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Renewable Power Capital (RPC), which is backed by Canada Pension Plan Investment Board (CPP Investments), reached a deal on a 528MW cluster of ready-to-build onshore wind projects located in Sweden’s Kramfors and Sollefteå municipalities for $1.075 billion (800 million euros).

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BHE Canada, a unit of billionaire Warren Buffet’s Berkshire Hathaway Energy, has announced the commissioning of its 130-MW Rattlesnake Ridge wind farm in Alberta. The 26-turbine plant will generate enough power for around 78,000 homes, according to BHE’s estimates.

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Renewables developer Pattern Energy Group LP will explore the potential of developing a green hydrogen production project along with wind turbine power generation within Canada’s Port of Argentia.

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Teck Resources Ltd. is moving to protect 14,000 hectares of wildlife habitat in Canada and Chile. The plan includes a $2-million donation to the Nature Conservancy of Canada to buy nearly 8,000 hectares of land in British Columbia.

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Vancouver is aiming to cut carbon from buildings to nearly zero by 2025. Jacky Chan, CEO of real estate marketing firm BakerWest, believes the industry must adapt like Vancouver has or risk getting left behind.

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Chris Magwood, lead researcher for the study, says measurement of MCE emissions should become standard practice when building new homes to collect more accurate data which can be used to drive voluntary emission reductions and inform future regulatory interventions.

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Toronto has a major opportunity to enhance its existing communities through attractive mid-rise residential designs that create a much-desired stream of new infill housing, suggests acclaimed local architect Heather Rolleston.

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As countries turn to sustainable debt to help fund projects that advance ESG goals, a new report by the International Federation of Accountants and the Chartered Professional Accountants of Canada highlights the challenges and opportunities in the space.

Home by AVI

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The investing arm of the Canada Pension Plan is sticking by its decision not to sell off assets tied to fossil fuels, even as a growing number of other large pension managers and institutional investors say they will.

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A coalition of environmental lawyers, investigative journalists and campaigners has launched a group to challenge the “carbon bomb” fossil fuel projects revealed in a Guardian investigation.

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Soaring gas prices are spurring Canadians’ interest in electric vehicles means automakers will have to make and sell more. But industry watchers say it will be at least a decade before the supply of lithium-ion batteries can meet demand.

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With an estimated 2.9 million tonnes of lithium, Canada’s reserves are vast; they are also in remote locations and locked in the Canada Shield — a vast region of Pre-Cambrian igneous and metamorphic rock shield. Will investment unlock its potential?

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According to the 2021 Science-Based Targets initiative progress report, the 3,000-plus companies taking action with SBTi represent more than one-third of the global economy ($38 trillion) and are cutting emissions twice as fast as what’s needed.

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Shoppers at Metro stores across Ontario and Quebec will need to start bringing their own bags in the fall. Metro has announced all stores and pharmacies will stop offering single-use plastic shopping bags in September.

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President Joe Biden will declare a 24-month tariff exemption on Monday for solar panels from four Southeast Asian nations after an investigation froze imports and stalled projects in the United States, sources familiar with the matter told Reuters.

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The University of Prince Edward Island (UPEI) is denying allegations by a construction group claiming that outstanding money is owed as a result of work done to build the Canadian Centre for Climate Change and Adaptation in St. Peter’s Bay.

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