SDTC finances and supports the development and demonstration of clean technologies which provide solutions to issues of climate change, clean air, water quality and soil, and which deliver economic, environmental and health benefits to Canadians.
KEY POINTS
  • A whistleblower's complaint unveils a governance crisis, leading to Ottawa suspending its $1 billion green tech fund, a critical vehicle for Canada's clean energy transition.
  • The allegations against the organization's chief executive and board members highlight the necessity of stringent governance frameworks in public funding bodies.
  • This suspension not only delays financial support to green startups but also threatens to erode public trust in green initiatives, at a time when fostering a green tech ecosystem is imperative for Canada.
Cleantech community braces for tough times ahead as the suspension will be a notable setback in Canada’s journey towards fostering a vibrant green tech ecosystem.

This is a subscriber-only article. To continue reading, you need a subscription (24.99/year) account.

Our PRO account gives you in-depth access to the solar industry, giving you an edge to develop a business like a "pro." If you already have an account, please sign in. If you would like to signup, please do so below.
SIGN IN SUBSCRIBE
Derick Lila
Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.

Renewables Jobs Nearly Doubled in Past Decade, Soared to 13.7 Million in 2022

Previous article

Ford, GM, Pepsi, Ball Corp., Rivian, SunPower, and 8 more leading companies call for federal investment in clean aluminum

Next article
This category can only be viewed by members. To view this category, sign up by purchasing Premium Subscription.

You may also like

Comments

Comments are closed.

This category can only be viewed by members. To view this category, sign up by purchasing Premium Subscription.

More in Insight