News Briefs
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News Briefs

  • H2O Innovation subsidiary lands new deals in US +

    H2O Innovation Inc.’s operation and maintenance (O&M) services subsidiary Utility Partners LLC (UP) has renewed two contracts and extended the Read More
  • EDC offers new green bond +

    Export Development Canada’s (EDC) latest green bond has been priced. Set at $500 million with a 1.8 fixed rate, the Read More
  • Capital Power moving ahead with New Frontier Wind +

    After Capital Power Corp. inked an agreement to sell 87% of the electricity generated from the yet to be constructed Read More
  • General Fusion takes new step towards reactor design +

    Vancouver’s General Fusion has hired two industry veterans to help lead the company through the development of a proof-of-concept fusion Read More
  • Federal, Ontario governments take big step in reducing diesel reliance in FN communities +

    The $60 million in federal funding to connect the Pikangikum First Nation to Ontario’s electricity grid is a major step Read More
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Stock Market

Sustainable Development Technology Canada is handing out nearly $8 million to three Quebec clean technology companies. The firms are located in Sherbroooke, Quebec City and Montreal. 

 

Montreal-based The Magpie Mines Inc. Is getting $3.9 million from the federal investment arm. It has developed a process to use low-grade mine ores to produce synthetic rutile. This is a white pigment used in paints, plastics, paper and food. 

E2Metrix Inc., located in Sherbrooke, has secured a $2 million investment from SDTC to continue work on a new approach to wastewater treatment that reduces the amount of contaminants being released back into surface water, resulting in cleaner communities. 

“The innovation developed by E2Metrix results in significantly lower concentrations of phosphorus and ammonia without resorting to chemical coagulants, leading to safer residues while reducing the volume of sludge generated. The unique properties of our patented anode make this possible. Our process, which complies with current regulations and the stricter ones to come, eliminates pathogenic micro-organisms and products that are harmful to human health such as hormones and endocrine disruptors,” said Mohamed Laaroussi, CEO at E2Metrix. 

Oil and gas pipelines will also receive some help. FlyScan Systems Inc. Received $1.8 million so it can continue work on its sensor that can detect small leaks in underground pipelines used to transport oil and liquid gas. 

“SDTC's investment in each of these companies will support the development of transformative clean technology solutions that will deliver real environmental and economic benefits for Canadians,” said Leah Lawrence, president and CEO at SDTC.