The Government of Canada Announces Funding for Emissions Reduction Alberta Through the Green Industrial Facilities and Manufacturing Program
October 21, 2024
The Government of Canada is committed to maximizing energy performance and reducing greenhouse gas emissions while helping industry gain a competitive edge.
The federal investment of $40 million from the Green Industrial Facilities and Manufacturing Program (GIFMP) to Emissions Reduction Alberta will help to develop and manage a province-wide program for industry to become more cost- and energy-efficient.
Funding will support Emissions Reduction Alberta’s $50-Million Strategic Energy Management for Industry (SEMI) program, which will provide industrial and manufacturing facilities with expertise and training in energy management. Industrial participants will be given the opportunity to increase profitability by reducing energy costs and to take advantage of funding to help cover the cost of capital retrofits for industrial process equipment. An additional $10 million was invested by the Government of Alberta for Emissions Reduction Alberta’s Strategic Energy Management for Industry program.
As Canada advances toward a net-zero future, investments like these are key to minimizing emissions while maximizing industry competitiveness.
