Funding of more than $9.74 million through PrairiesCan will support more than 1,600 jobs and ensure Alberta continues to be a global leader and great place to invest in the rapidly growing hydrogen sector.
Alberta’s access to low-cost natural gas reserves and a capable workforce skilled in the natural resource sector provide the province with a competitive advantage to benefit both economically and environmentally from the rapidly growing hydrogen industry.
All Canadians will benefit as the province seizes this opportunity, with support from the Government of Canada through strategic investments to advance Alberta’s hydrogen industry.
Today, the Honourable Dan Vandal, Minister for PrairiesCan, together with the Honourable Randy Boissonnault, Minister for Tourism and Associate Minister of Finance, announced the federal investment to improve access to hydrogen fuels, support product testing, attract investment to Alberta’s hydrogen industry, and increase the availability of quality training opportunities to commercialize new technologies all while supporting good-paying jobs Alberta workers can rely on.
Edmonton Global is receiving a total of $3,744,000 for two projects to strengthen the regional hydrogen supply chain and expand investment initiatives to grow the Edmonton regional economy.
The Alberta Motor Transport Association and the University of Alberta are receiving $3 million to increase access to hydrogen fuel and showcase the benefits of hydrogen technology for heavy vehicles.
Edmonton’s C-FER Technologies is also receiving $3 million to upgrade its testing facility for hydrogen fuel infrastructure, equipment and technologies.
Federal funding announced today is provided through the Regional Innovation Ecosystems program, administered by PrairiesCan in the Prairie Provinces. Through this program, PrairiesCan makes targeted investments to support businesses in priority sectors to innovate, grow and compete globally.