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Federal Government rolls out new Climate Action Incentive Fund

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