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Alberta Gives Green for Going Green
Thousands of Albertans have made their homes more energy efficient since the Alberta government announced the energy efficiency rebate program in April, 2009. More than 38,000 Albertans have received $9.3 million in rebates, helping to avoid over 330,000 tonnes of greenhouse gas emissions. That's the equivalent of removing 63,000 vehicles off the roads.
In Alberta's rural constituencies, 18,000 homeowners have received cheques totaling $3.5 million. To learn about the results in our constituency, click here.
The program provides consumer rebates for:
- energy evaluations for homeowners to assess the current energy efficiency of their home and to measure its efficiency after improvements are made;
- efficient home heating systems, hot water heating systems, clothes washers and insulation upgrades; and
- new homes achieving a high level of energy efficiency.
Delivering on commitments laid out in its 2008 Climate Change Strategy, the Government of Alberta invested $36 million over three years to help Albertans reduce their greenhouse gas emissions. Many of the rebates are tied to the federal ecoENERGY Retrofit Program, enabling consumers to recoup costs from both programs. The program is administered by Climate Change Central, a non-profit organization empowering Albertans to take action on climate change.
Rebates are available on purchases retroactive to January 1, 2009. To apply for a rebate, visit www.climatechangecentral.com or phone 1-888-537-7202. |
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Innovation adds to Alberta's competitive edge
High-tech innovations have moved one step closer to market with support from the Alberta government. Getting inventive projects into the marketplace not only creates opportunities for Albertans, but also makes the province an attractive place to invest.
In central Alberta, innovation vouchers totalling up to $310,000 were awarded to seven companies based in Bentley, Crossfield, Olds, Red Deer, Sundre and Sylvan Lake to assist them in getting the specialized expertise and services they need to move their ideas to the marketplace.
In southern Alberta, these vouchers totalled as much as $340,000, and were awarded to ten companies based in Redcliff, Medicine Hat, Claresholm, Lethbridge, and Nanton.
The Alberta Innovation Voucher Pilot Program assists small businesses and entrepreneurs at the pre-commercial stage, where the majority of new businesses fail. Vouchers can be put towards up to 75 per cent of the cost of specialized services from an approved, non-profit service provider such as labs, fabrication centres or intellectual property managers. Businesses can receive only one $10,000 voucher and one $50,000 voucher over the life of their business.
Across the province, 204 vouchers worth almost $6 million were awarded to companies in 33 communities. In April 2009, 179 vouchers totalling more than $5 million were awarded in the first round of the program to companies from 24 communities across Alberta.
Launched in November 2008, the program, which is the first of its kind in Canada, was developed as part of Alberta's Action Plan: Bringing Technology to Market. For more information about the innovation voucher pilot program and a list of all voucher recipients, visit www.technology.gov.ab.ca. |
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Alberta Capital Bonds raise $74.5 million for seniors' facilities
Sales of Alberta Capital Bonds raised $74.5 million for the construction of seniors' accommodations in the province.
The $74.5 million raised through the bonds will help fund government's commitment of $100 million to build accommodations for seniors, including long-term care and supportive living facilities.
Alberta Capital Bonds offered a competitive rate of return of 3.3 per cent per year for five years, providing a secure investment for Albertans backed by the province's triple-A credit rating-the highest credit rating among Canadian provinces.
More than 4,600 Albertans and Alberta businesses and organizations purchased the bonds, which were available only to Albertans from Feb. 16 to March 1.
The Government of Alberta has a clear plan for a strong economic recovery. The Way Forward will bring Alberta back into a surplus position in three years by trimming government spending; using cash reserves to protect key programs; continuing to invest in public infrastructure; and ensuring that our province's industries are competitive and continue to attract investment to provide jobs and prosperity. |
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