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The scope of reduction measures include a reduction in workforce, a rationalization in product development programs, operational consolidation, reduction in capital expenditures, and certain working capital improvement initiatives.
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The plant was previously expected to begin production in 2026 and create around 600 jobs.
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Of this funding, $6 million will support the Atlantic Canada Offshore Wind Integration and Transmission Study.
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In April 2024, BC Hydro launched a call for power to acquire roughly 3000 GWh/year of “clean” electricity. This was BC Hydro’s first competitive call for power in more than 15 years, and will add 5% to its current supply.
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The minister also announced joint funding with Housing, Infrastructure and Communities Canada’s Investing in Canada Infrastructure Program (ICIP) of more than $3.1 million for two projects in British Columbia.
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In Ontario, Sarnia Transit will purchase three zero-emission buses and install three new electric vehicle charging stations, thanks to combined funding from Ottawa and the City of Sarnia.
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Jean-François Veilleux, 38, is a partner and project director with CIMA+ in the energy and resources sector.
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Jonathan Palmer, 34, is president and CEO of Extropic Energy in Kelowna, B.C. Over his career, he has consulted for such utilities as FortisBC, BC Hydro, Fortis Alberta, ENMAX, SaskPower and Manitoba Hydro, developing electrical master plans and modelling growth for campuses, communities and cities across Western Canada.
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Sameer Hasham, 39, is an associate and group leader with RJC Engineers, specializing in building science.
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