Sustainable Business News (SBIZ)
c/o Squall Inc.
P.O. Box 1484, Stn. B
Ottawa, Ontario, K1P 5P6

thankyou@sustainablebiz.ca
Canada: 1-855-569-6300

Want more affordable EVs in Canada? Let Euro models in: report

1 week ago

Want more affordable EVs? Let Euro models in: report

Canadians could have access to more affordable, in-demand electric vehicles (EVs) that sell for under $40,000 if models sold in Europe are allowed into the country’s auto market, a report by Clean Energy Canada suggests.

La Caisse to acquire Australian renewables company Edify

Quebec-based institutional investor La Caisse has announced an agreement to acquire Australian renewable energy and battery storage company Edify, and to support the company’s growth, with a total investment of approximately $1 billion.

Cami Ingersoll battery plant to stay shut

Cami’s new on-site battery plant in Ingersoll, Ont. will remain shut when the vehicle manufacturer resumes production in November, as political pressure has forced GM to shift battery production to the U.S., said the head of the union representing workers.

Which banks financed the most renewables last year?

A new report says Canada's big banks financed about $200 billion in fossil fuel investments last year, compared with about $104 billion to low-carbon energy. RBC (RY-T) fared the best among the Big Five banks.

Tesla used bots to run the bank on Canadian EV rebates

Tesla (TSLA-Q) used an automated system to make a run on the bank of Canada’s dwindling EV subsidies, outmanoeuvring Canadian dealerships that filed claims manually and were left short millions of dollars, the Star has learned.

Carmakers face billions in credit purchases under EV mandate

Canadian automakers are warning they could be on the hook for billions of dollars in credit purchases if Canada’s EV mandate is enforced as written, and sales don’t ramp up. 

How Canada’s EV dream became a nightmare

OPINION: Canadian taxpayers face major risks as governments commit billions to build an EV supply chain. With sales plunging and projects delayed or struggling, the sector’s success remains uncertain despite massive public subsidies.

Stellantis unveils lighter, faster-charging EV battery

Stellantis unveiled an EV prototype on Friday featuring a faster-charging, lighter and more affordable battery that eliminates the need for a separate inverter and charger. The Intelligent Battery Integrated System was developed in partnership with TotalEnergies subsidiary Saft.

QIMC confirms major natural hydrogen discovery in N.S.

Quebec Innovative Materials Corp. (QIMC) (QIMC-CN) has announced the discovery of a third major clean hydrogen zone in Nova Scotia. The deposit features one of the highest concentrations of hydrogen recorded by the company in the province to date.

Feds should pursue renewable energy as a national project

COLUMN: Prime Minister Mark Carney, in revealing his five priority projects to be fast-tracked in the interest of nation-building, failed to choose a project aimed at harnessing the transformational energy potential of sun or wind.

New wind farms will nudge N.S. closer to renewable goal

Nova Scotia is counting on more than 300 megawatts of new onshore wind energy to come online by the end of next year from a combination of four projects by two different developers.

Solar projects proposed for Sault Ste. Marie area

Sault Ste. Marie city council will be asked Monday to support four new solar generation projects. The solar projects have a combined value of about $500 million and could produce up to 250 megawatts of electricity.

Investors forced to rethink climate risk management

Major investors are wrestling with increasing climate-related physical risks within their vast portfolios, forcing them to rethink how to evaluate and manage the impact of storms, floods, wildfires, heat domes and droughts – now and in the future.

ESG compliance, retrofit challenges reshape global real estate

Commercial real estate faces rising environmental, social and governance (ESG) demands, retrofit deadlines and investor pressure. At a London, U.K. summit, industry leaders stressed challenges but also the chance to reinvent through innovation, collaboration and forward-looking investment strategies.

How plastic fishing waste is being turned into furniture

Canada’s first marine waste recycling program has been turning abandoned fishing gear and ocean plastics into pellets for new products over the past five years — but faces funding, regulatory and scalability challenges as it grows.

Industry Events