Canadian govt pumps $22m into green tech

commercialisation, Market Watch reports.

The announcement was made on 25 January by Joe Oliver, minister of Natural Resources, and Vicky Sharpe, president and CEO of Sustainable Development Technology Canada (SDTC).

"Our government is committed to supporting clean technology in Canada as an effective measure to reduce greenhouse gas emissions and create high-quality jobs for Canadians," said Oliver. "The projects announced today demonstrate our leadership in driving clean technology innovation to help create viable new industries for Canada's economy."

According to Toronto Sun, among the projects receiving federal cash is the commercialisation of a high-resolution magnetic flux leakage (XHR-MFL) instrument designed by Calgary-based Pure Technologies. The technology, traditionally used in the oil and gas sector, will now be used to identify defects in metallic water pipes for utility companies across Canada.

Other projects include an advanced drive system for off-road hybrid vehicles, developed by Waterloo-based Accelerated Systems, and a venture spearheaded by Vision Ecoproducts in Woodbridge that uses agricultural waste to build energy-efficient window frames and doors.