Ottawa to invest $700 mln in cleantech sectors through BDC
Ottawa said it will invest $700 million over the next five years in Canada's emerging clean technology sectors. The federal government's allocation will be managed by the Business Development Bank of Canada (BDC). BDC is expected to take on additional risk to help clean technology companies succeed by providing them with the capital required to hire staff, develop products, support sales, scale up and compete globally. Ottawa also announced the launch of Clean Growth Hub, which will support clean technology companies and projects, as well as coordinate programs and track results.
18 January 2018•4 mins read
