Investing in Canada’s hydrogen potential

ShaziaLocal News

Ottawa – Canada has a long and proud history of being a reliable global supplier of energy. As the world looks for dependable energy partners, the government is ensuring Canada continues to lead. That is why we are investing in projects that make our economy cleaner and stronger.

Anita Anand, Minister of Innovation, Science and Industry, announced a $49 million investment in HTEC through the Strategic Innovation Fund. It will support the company’s $472 million project to build and operate a facility that will capture and liquefy 15 tonnes per day of industrial by-product hydrogen in North Vancouver, turning waste into a valuable, clean fuel.

The facility will allow for cost-effective distribution of low-carbon hydrogen to HTEC’s refuelling station network in British Columbia and Alberta. It is a key component of HTEC’s H2 Gateway program, which includes up to 20 hydrogen refuelling stations, three hydrogen production facilities and a fleet of 100 hydrogen heavy-duty fuel cell electric trucks. The project will also bring significant benefits to British Columbia by maintaining up to 500 jobs and supporting co-op hiring and collaborations within the hydrogen ecosystem.

Once completed, the North Vancouver project will be the first full value chain ecosystem for heavy-duty fuel cell electric trucks in Canada. Over the next three decades, global demand for clean hydrogen is expected to increase tenfold. Matching supply and demand for hydrogen will facilitate the large-scale adoption of zero-emission heavy-duty vehicles. This will not only decarbonize commercial trucking but also help position Canada as a leader in hydrogen technologies and sustainable practices.

“Low-carbon hydrogen is key in achieving our goal of net-zero emissions by 2050—and the demand for it is growing across Canada and around the world. The HTEC project will seize this important opportunity and provide the trucking sector with the tools and resources it needs to decarbonize. This is a milestone to celebrate in the Canadian transportation industry, as we move one step closer to building a thriving, sustainable, made-in-Canada clean economy—for generations to come.” – Anita Anand, Minister of Innovation, Science and Industry