Saskatchewan tech fund offers more

The Saskatchewan Government is announcing the second intake of its Technology Fund with more than $50 million available to help provincial industries reduce their greenhouse gas emissions. 

The province says the increase reflects the government’s support of industries reducing emissions and innovating in the field.

"On the heels of the success of the first intake, I am proud to announce that the second intake of the Saskatchewan Technology Fund will see double the amount of funding available," said Travis Keisig, environment minister. "This significant increase reflects our government's dedication to supporting Saskatchewan industries as they lead the way in emissions reduction and innovation."

During the first intake of the fund, more than $25 million was provided to 13 projects which are projected to reduce more than 4.5 million tonnes of CO2 emissions. 

Batex was one of the successful project proposals from the first intake.

"Baytex greatly appreciates the efforts of the Government of Saskatchewan to engage and collaborate on pragmatic and meaningful efforts to reduce greenhouse gas (GHG) emissions," said Laureen Luross, Baytex director of sustainability & business intelligence. "The Saskatchewan Technology Fund grant we have received supports our investment in activities designed to reduce GHG and methane emissions from our operations. We look forward to continuing this productive relationship into the future."

Those successful applicants who pass the expressions of interest phase will be invited to submit full project proposals. Those projects are then evaluated by third-party technical and financial experts for emissions reductions, technical and financial feasibility and potential environmental and socio-economic benefits.

The projects selected to receive funding will be announced later this year.

Full details can be found online at Saskatchewan.ca/Tech-Fund. 

Read more: Funding from Sask to benefit Lloydminster groups