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Avison Young, N.S. pension acquire Lion Electric facility
Avison Young, N.S. pension acquire Lion Electric facility
Avison Young Investment Management (AYIM) has acquired Clarius Park Joliet, an industrial facility in Chicago that will be used as a production site for Montreal-based EV manufacturer Lion Electric.
Ontario puts $250K toward EV battery production lines
The Ontario government is putting $250,000 toward developing two battery production lines at a proposed new Electra Battery Materials Corporation facility in Cobalt, Ont. Once completed, the lines could supply more than 1.5 million electric vehicles and employ up to 250 people.
New geothermal system coming to U of T
The University of Toronto is building Canada’s largest urban geo-exchange system underneath its St. George Campus. The project is expected to reduce the school’s annual greenhouse gas emissions by 15,000 tonnes when it is up and running in 2024.
Flatiron CLT Leaside Innovation Centre planned for 2024
A new mass-timber project in Toronto, the Leaside Innovation Centre (LIC), has been announced, aiming to be the first flatiron building of its kind in the country.
Used electric cars in B.C. now exempt from PST
To encourage more drivers to make the green transition, the B.C. provincial government is removing the provincial sales tax (PST) from the growing segment of car sales from used zero-emission vehicles. The five-year plan will expire in February 2027.
Wallbox partners with Polaris in EV-charger deal
Polaris has partnered with Wallbox to sell its Pulsar Plus 40 amp to EV customers in Canada and the U.S. The line of smart EV chargers will be available for consumers to pre-order in late spring.
Trump-era solar panel tariffs violated USMCA deal
Tariffs on Canadian-made solar products imposed in 2018 by the former Trump administration violated the terms of the U.S.-Mexico-Canada Agreement (USMCA), a dispute resolution panel has ruled. The U.S. was found in violation of its obligations under the deal.
Australia’s AGL Energy denies $3.5-billion takeover bid
Australia’s AGL Energy Ltd. has rejected a $3.5 billion takeover bid from tech billionaire Mike Cannon-Brookes and Canada’s Brookfield Asset Management. AGL is reportedly seeking to split itself in two as it looks to recover slumping market values.
RBC shareholder resolution confronts greenwashing
A shareholder advocacy group is challenging the Royal Bank of Canada’s (RBC) use of a new financing tool called sustainability-linked debt. The new product line, which includes both bonds and loans, has seen explosive growth in the last year.
RBC real estate fund plans to issue green bonds
RBC Canadian Core Real Estate Fund plans to issue green bonds in the near future, subject to market conditions, according to people familiar with the matter. Proceeds will finance the acquisition of two eligible projects in Vancouver and Calgary.
Rebuilding of B.C. could top $9B: report
• Globe and Mail • Globe and Mail • Globe and Mail
The price of recovering what was lost is nearing $9-billion, according to a report, and potentially could be much higher. As a country that is increasingly at risk due to climate change, experts are calling on governments to do more.
Pollution from wildfires getting worse: UN report
Changes to land use patterns and a warming plant will scorch large swaths of the earth in the coming decades, according to a U.N. report released Wednesday. Unhealthy spikes in smoke pollution are causing various issues that governments are not ready to face.
Methane emissions higher than reported: IEA
Methane gas emissions are reportedly 70 per cent higher than officially reported. This, according to a report from from the International Energy Agency (IEA), as the coal sector was cited as the biggest source.
Green skills revolution needed in Canada
OPINION: Canada will need to mobilize billions of dollars if we stand a chance of getting to net-zero carbon emissions. This, according to a report that calls for another 400,000 new high-skilled jobs will be needed to rewire the economy.
Is nuclear power a part of the future?
OPINION: Fresh off an announcement that the Ontario Power Generation will expand nuclear power again, experts are wondering what the future of nuclear clean tech. Wind and solar have proven to be mainstay generators, but is nuclear part of the future?
EFS to build data centre powered by microgrid
Energy Field Security (EFS) has announced a plan to build a data centre in Delta, Colo, powered by a microgrid. It also has small vertical wind turbines that protect it from Electro-Magnetic Pulse (EMP) protection from various threats.
Could geothermal power really be used anywhere?
Quaise Energy, a startup spun out of the Massachusetts Institute of Technology (MIT), is applying new drilling technology to make practical applications possible. The company believes that geothermal energy can provide more power using fewer resources.
Woodworks announces sustainable wood partners
Wood Products Council, a non-profit organization, has announced its official list of partners. The group, which supports developers, architects, engineers, and others involved in designing and building wood structures, will provide growth opportunities in mass timber construction fields and more.
Food industry shifting sustainable priorities
The food industry is embracing sustainability strategically, according to one expert who is starting to see it guide decision-making in virtually all areas of food and beverage businesses.
European banks contradicting net-zero pledges
• GreenBiz
A ShareAction report has found that 25 European banks have provided over $400 billion to finance fossil fuel firms since 2016. Given their collective climate pledges, some worry that banks are exposing themselves to vast stranded asset risk.
Industry Events
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Greenbuild 2024: Built to Scale
Nov 12 2024
to Nov 15 2024
Pennsylvania Convention Center, Philadelphia, PA
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Sustainable Finance Forum 2024
Nov 28 2024
to Nov 29 2024
Shaw Centre, Ottawa
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