Canada Invests $1.8M in Offshore Wind Projects

Canada Invests $1.8M in Offshore Wind Projects

On behalf of the Honorable Jonathan Wilkinson, Minister of Natural Resources, Cape Breton-Canso MP, and Parliamentary Secretary to the Minister of Fisheries, Oceans, and the Canadian Coast Guard, Mike Kelloway, announced a nearly $1.8 million investment in Net Zero Atlantic to create the necessary capacity for future offshore wind projects in Nova Scotia.

Net Zero Atlantic and the Confederacy of Mainland Mi'kmaq also joined the cause, bringing up the total investment to around $1.9 million.

The investment, which collaborates with Mi'kmaw and rural communities to pave the way for greater offshore wind in Cape Breton and northeastern Nova Scotia, was announced by Cape Breton-Canso MP Mike Kelloway, who expressed his pleasure at the news.

This investment, together with the recently passed Clean Technology Tax Credit, according to Kelloway, illustrates how the Canadian government is addressing climate change while generating sustainable employment.

"Offshore wind represents a clean growth opportunity that allows us to fight climate change while creating sustainable jobs," said Kelloway.

A two-phased inclusive development strategy for offshore wind in Nova Scotia will be established through the Capacity Building for the Sustainable and Inclusive Development of Offshore Wind Resource initiative.

Net Zero Atlantic Executive Director Alisdair McLean shares their initial plans moving forward, "Through this project, our team at Net Zero Atlantic will assist members of Mi'kmaw, rural Nova Scotia, and other equity-deserving communities in developing capacity related to offshore wind. As the use of renewable energy continues to grow, it's critically important that communities and the industry, research, and government sectors build mutual understanding of potential benefits and concerns. We're grateful for the Government of Canada's support for this important work."

Nova Scotia

Mi'kmaw groups and local communities are the program's main collaborators, so everyone has a voice in the development of the offshore wind project.

Phase one of the project will include workshops and educational forums, all aimed at bringing together the Mi'kmaw and other communities to strategize and develop community engagement plans.

Phase two will execute these goals by establishing the framework for offshore wind developments in coastal settlements around the province.

A refundable investment tax credit is provided for renewable technology, such as the development and storage of clean energy, according to the 2022 Fall Economic Statement, which Kelloway also mentioned.

Additionally, a secretariat and training center for sustainable jobs were launched, which will help thousands of workers receive skill-based training and find employment in the low-carbon economy.