Saddle Hills – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, visited Advantage Energy’s Glacier plant in Alberta’s Peace Country, the world’s first abated natural gas facility. She highlighted how the Canada Growth Fund’s $200 million investment and carbon contract for difference are enabling Calgary’s Entropy Inc. to implement carbon capture and sequestration technology. In December 2023, the Canada …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s seventh investment. The Canada Growth Fund today announced an investment of up to US$100 million (C$137 million) in Svante to accelerate the company’s development and construction of commercial-scale carbon capture and removal projects, which will secure the company’s Canadian-based future and …
Ottawa – Chrystia Freeland, Deputy Prime Minister and Minister of Finance, welcomed the announcement of the Canada Growth Fund’s sixth investment. The Canada Growth Fund and Strathcona Resources—Canada’s fifth-largest oil producer—have agreed to invest up to $2 billion combined to build carbon capture and sequestration infrastructure on Strathcona’s steam-assisted, gravity drainage oil sands facilities in Saskatchewan and Alberta. Upon completion, the …
Hamburg – As Vladimir Putin continues to weaponize energy in his illegal war on Ukraine, Canada is working with European allies to displace imports of Russian oil and gas and fight climate change with clean Canadian hydrogen. Canada can be a world-leading producer and exporter of clean hydrogen and associated technologies, and the federal government is helping to make that …
Ottawa – Chrystia freeland, Deputy Prime Minister and Minister of Finance spoke at the Sustainable Finance Forum. She said: “I do want to start by recognizing and thanking Ryan. Ryan, your hard work and your leadership are why we are all here today. I think you are a tremendous example of what one person, one Member of Parliament with dedication …
