The Province is investing almost $2 million in water and wastewater infrastructure upgrades that will help the Town of Antigonish and the Municipality of the County of Antigonish prepare for future growth. Our municipalities depend on modern infrastructure to be competitive and attract new residents to their communities,” said Municipal Affairs and Housing Minister John Lohr. “By making these investments, we will improve the efficiency of the water and wastewater systems, ensuring residents and businesses have the services they expect and depend on every day and laying the foundation for continued growth for years to come.”
Two Canadian pension plans risk reputation hit from investments in troubled Thames Water
A troubled water utility company in the United Kingdom that counts two of Canada’s biggest public pensions as large shareholders is facing regulatory scrutiny and fines for sewage leaks and could require a financial bailout. The Ontario Municipal Employees Retirement System (OMERS) and British Columbia Investment Management Corporation (BCI) own 31.8 per cent and and 8.7 per cent of Thames Water, respectively. Analysts at DBRS Morningstar said in a July 5 report that OMERS and BCI are expected to weather the storm with minimal financial damage given their size, diversification and long-term performance — even if Thames Water were to collapse — but there is reputational risk for the Canadian pensions, which could affect future investment opportunities.
Ontario Making Historic Investments in Wetlands Restoration
The Ontario government is investing up to $6.9 million in approximately 100 local conservation projects to restore and enhance wetlands across the province. This funding will help 14 conservation partners restore more than 2,400 acres of wetlands in Ontario, which combined is larger than Presqu’ile Provincial Park, near Brighton. The projects will improve water quality, help prevent flooding and build climate change resiliency.
Explainer - COP27: How climate change impacts countries around the world
While delegates at the COP27 climate conference discuss the shared problem of climate change, each country will face its own challenges and threats. In February, the U.N. climate science agency released a major report on adapting to a warmer world - and detailed how that effort would differ from place to place. While some countries see glaciers melt or coastlines rise, others will contend mostly with raging wildfires and extreme heat, the report by the Intergovernmental Panel on Climate Change said.
Canada and Ontario invest in 144 community water infrastructure projects
In Welland, this investment will support the installation of approximately 1,500 metres of watermain, along with seven new hydrants on Canal Bank Road. The improvements will help ensure that residents continue to have reliable access to clean drinking water. Roads and sidewalks impacted by work on this project will also be restored through this investment.
Government of Canada Supports Emerging Clean Technologies at GLOBE Forum 2022
The Government of Canada is making investments to enhance Canada's competitive advantage, diversify market opportunities, create good middle-class jobs and achieve our emissions reduction targets. Today at GLOBE Forum 2022, the Honourable Jonathan Wilkinson, Minister of Natural Resources, announced a combined investment of over $12 million to seven organizations that are advancing emerging clean technologies to grow our economy and help Canada meet its environmental targets.
Governments Improving Water Quality and Farming Around Lake Erie
The governments of Canada and Ontario are investing $2.58 million to protect the province’s lakes and water sources by helping farmers implement sustainable farming practices that build more resilient farm operations. Through the Canadian Agricultural Partnership (the Partnership), the final Lake Erie Agriculture Demonstrating Sustainability (LEADS) initiative intake, will support on-farm projects that improve soil health and reduce the risk of nutrient losses on their farms while improving water quality in the Lake Erie and Lake St. Clair watershed areas.
Canada And Manitoba Invest $212.8M To Upgrade The North End Sewage Treatment Plant's Headworks Facilities In Winnipeg
Investments in local infrastructure by the governments of Canada and Manitoba during this extraordinary time stimulate the economy and address the needs of communities as they recover from the effects of the COVID-19 pandemic. Investments in modern and reliable water and waste-water infrastructure foster healthy and resilient communities, protect the environment, and support sustainable development and growth.
Canada Water Agency could bring jobs, investments to the Sault
In Sept. 2020, Ward 5 Coun. Corey Gardi was watching Governor-General Julie Payette read the Speech from the Throne. The former astronaut announced the Government’s plans to establish a Canada-wide agency to manage the country’s water bodies and keep them clean and safe. Upon hearing this, Gardi immediately thought Sault Ste. Marie would be a good fit for this agency. The Canada Water Agency will be a hub for water research and management. It will create a central place to deal with climate change effects on oceans, water scarcity, and shared waters with the United States.