Fall economic statement includes significant support for green infrastructure to accelerate Canada’s transition to clean power
OTTAWA—Merran Smith, executive director at Clean Energy Canada, made the following statement in response to the federal government’s Fall Economic Statement released today:
“The federal government is taking a smart and forward-thinking approach, investing in the infrastructure we need to switch from fossil fuels to clean power. These dollars are critical to deliver clean growth.”
“Today’s economic update saw the federal government announce infrastructure support in three important clean energy categories:
- transmission lines to help provinces shift away from coal power
- new clean power projects
- and expanding smart grids to make better use of our electricity resources.
While the details are still to come, making these areas eligible for green infrastructure investment is very positive.
“A well-designed infrastructure bank will make it easier to attract the investment needed to build transformative clean energy projects in Canada. The global clean energy transition is well underway, and this will help ensure we are among the leading countries.”