Federal Government rolls out new Climate Action Incentive Fund

AKR Consulting
September 05, 2019
By AKR Consulting
Sept. 5, 2019 - The Climate Action Incentive Fund (CAIF) is to available to businesses in Manitoba, New Brunswick, Ontario and Saskatchewan. It provides support to small and medium-sized enterprises with between 1 and 499 employees for retrofit projects.

Eligible rebate amount
  • Up to 25% of project’s total eligible costs
  • No less than $20,000 CAD and no more than $250,000 CAD per project and per recipient
  • A $250,000 CAD funding cap will apply to the group of applicant franchisees who operate under the same franchise trade name in each eligible province.

Eligible project categories and sample projects:

(A) Agricultural retrofits
  • Changes to agricultural processes to improve energy efficiency
  • Fuel switching to lower emitting energy sources in agricultural operations
(B) Building retrofits
  • Enhancements to building envelope (with direct energy savings), including energy efficient windows/doors/skylights, increased insulation, weatherproofing, and glazing
  • Energy efficient lighting system
  • Heating, ventilation, and air conditioning (HVAC) equipment/systems/controls
  • Water heating retrofits, including high efficiency condensing water heating
  • High-efficiency motors and controls and Energy management controls, including building automation systems
  • Fuel switching to lower emitting energy sources in existing buildings
(C) Industrial process improvements
  • Retrofitting and upgrading of existing equipment used for industrial processes
  • Fuel switching to lower emitting energy sources
  • Process changes and waste-heat recovery

(D) Transportation retrofits
  • Heavy-duty vehicle retrofits, including energy efficiency and/or fuel switching to lower emitting sources
Application Deadline: 90 days starting July 17, 2019, or until funding exhausted.

For more information
https://www.canada.ca/en/environment-climate-change/climate-action-incentive-fund

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