Alberta – PrairiesCan is investing $39,432,507 for 10 Alberta projects to support skill development, infrastructure investment and economic diversification in impacted communities transitioning from coal-fired electricity generation. Projects receiving funding will have significant environmental and economic benefits, including supporting more than 680 jobs while enabling coal-affected communities to create new sources of economic growth.
PrairiesCan funding for these 10 projects is through the Canada Coal Transition Initiative (CCTI) and Canada Coal Transition Initiative – Infrastructure Fund (CCTI-IF).
Canada Coal Transition Initiative (CCTI) – $1,382,507
CCTI is an investment of $35 million over five years. It supports skills development and helps communities adapt to a low-carbon economy. The fund was launched on April 1, 2018, and ended March 31, 2023. Investments under CCTI have supported a total of 15 projects in Alberta.
Projects announced today as receiving support through the CCTI include:
- Paul First Nation is receiving $850,000 to develop a transition, training, and employment centre for entrepreneurship training and business support.
- Paul First Nation is receiving $532,507 to conduct a feasibility and technical study for the requirements of a solar park development.
Canada Coal Transition Initiative-Infrastructure Fund (CCTI-IF) – $38,050,000
The CCTI-IF was launched on August 20, 2020. This $150 million fund aims to help communities move away from coal by investing in infrastructure. The initiative is set to end on March 31, 2025. To date, investments under CCTI-IF have supported a total of 14 projects in Alberta.
Projects announced today as receiving support through the CCTI-IF include:
- County of Paintearth is receiving $2,300,000 to upgrade and develop wastewater and stormwater easement infrastructure for a mixed-use industrial park.
- Parkland County is receiving $17,500,000 to upgrade the Wabamun wastewater facility, develop a water feature and redevelop the existing public waterfront park in the Hamlet of Wabamun.
- Parkland County is receiving $12,400,000 to upgrade Spruce Valley and Pinchbeck-Bevington Road intersections on Highway 16A to increase access to Acheson Industrial Area.
- The Town of Castor is receiving $891,000 to reconstruct and convert a campground area into a year-round multipurpose venue.
- The Town of Coronation is receiving $891,000 to renovate and retrofit two buildings into business incubator and accelerator centres to offer business supports and programming to foster commercial growth.
- The Village of Forestburg is receiving $313,000 to develop land and underground utilities for the proposed Jeanne Lougheed Historic Park and to the Flagstaff County border to support a proposed joint industrial park.
- The Village of Forestburg is receiving $250,000 to develop the planning and design of the Forestburg South Industrial Subdivision.
- The Village of Forestburg is receiving $3,505,000 for design and construction of roadway and utility extensions in the industrial park in the Village of Forestburg.