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Pilot projects announced for CaGBC’s Zero Carbon Building Standard

Posted on May 17, 2017
The Canada Green Building Council (CaGBC) has announced that 16 of Canada’s most innovative projects have been chosen to participate in a two-year pilot of CaGBC’s Zero Carbon Building Standard. The standard, which assesses the carbon performance of commercial, institutional, and multi-family buildings in Canada, will be formally released on May 29 in Vancouver. Spanning the length of the country from Dartmouth to Kelowna, the diversity of these 16 pilot projects demonstrates the broad applicability of the program with sizes ranging from 20,000 to [...]

QUEST signs MOU with NRCan to develop smart energy solutions

Posted on May 17, 2017
Natural Resources Canada (NRCan) – CanmetENERGY – Ottawa and QUEST - Quality Urban Energy Systems of Tomorrow announced the signing of a memorandum of understanding to cooperate on the advancement of smart energy solutions across Canada. The collaboration is intended to facilitate joint research and technical support for micro-grids, community energy planning, distributed energy resources and integration, combined heat and power (CHP), district energy, as well as develop and support programming, networking, and training activities for Canadian communities. “QUEST [...]

Government begins selection process for Canada Infrastructure Bank leadership

Posted on May 8, 2017
The Government of Canada has launched open, transparent and merit-based selection processes to identify the Bank’s senior leadership with the goal of having the Canada Infrastructure Bank operational in late 2017, subject to Parliamentary approval. Through these processes, the government will first select a chairperson of the board, followed by the board of directors and chief executive officer. The selection processes are designed to attract highly qualified individuals, while taking into consideration the desire to achieve gender parity and to reflect [...]

XCG sells water business to Cole Engineering

Posted on May 2, 2017
XCG Consulting Ltd. (XCG) has announced that it has sold the XCG Water Group, as well as the XCG Training and Operations unit, to Cole Engineering Group Ltd., an Ontario-based engineering and consulting company. The sale allows XCG to concentrate on growth in its core business areas as well as provide opportunity to more aggressively pursue geographic and capacity expansion through potential acquisitions. Tom Williams, President of XCG, said: "XCG is a growing and dynamic organization and this transaction will provide significant working capital to enable [...]

Boychuk appointed chair of Fengate's advisory board

Posted on May 2, 2017
Fengate Real Asset Investments (Fengate) has announced that Michael Boychuk has been appointed chair of Fengate's advisory board, replacing David McFadden who is stepping down as chair after serving twelve years. Mr. Boychuk has been an advisory board member since 2014, closely supporting Fengate's international growth and strategic initiatives, and the firm's investment objectives. "We are honoured Michael is stepping into this important role with Fengate's continued global expansion as a leading real asset manager," said Lou Serafini Jr., Fengate's president [...]

QUEST names five new senior associates

Posted on April 28, 2017
Quality Urban Energy Systems of Tomorrow (QUEST) has announced the appointment of five new senior associates. These senior associates are part of QUEST’s network of leaders from across Canada committed to advancing Smart Energy Communities. The five new appointees are: Bruce Cameron, principal consultant and founder of Envigour Policy Consulting - Bruce is based in Halifax and is a leading expert in energy policy development. Richard Laszlo, senior associate serving as senior lead, Utilities/CHP and Services - Richard is based in Toronto and is [...]

SNC-Lavalin acquires WS Atkins

Posted on April 24, 2017
SNC-Lavalin Group Inc. has announced that it has reached an agreement to acquire WS Atkins for $3.6 billion. The overall acquisition price is $4.2 billion including the pension deficit. Headquartered in the UK, Atkins is a respected consultancy in design, engineering, and project management, with a leadership position across the infrastructure, transportation and energy sectors. Tracing its roots back to 1938, Atkins today has 18,000 employees with revenues of approximately £2.0 billion in 2016, and is geographically diversified in the U.S., Middle East [...]

Nominations open for QUEST smart energy communities award

Posted on April 21, 2017
Yesterday, Quality Urban Energy Systems of Tomorrow (QUEST) announced that nominations are now open for their 2017 Smart Energy Communities Awards, which will be presented November 7, 2017 at QUEST’s 11th Annual Conference and Tradeshow, QUEST2017 — Smart Energy Communities on the Hill in Ottawa. The Smart Energy Communities Awards are presented annually to recognize leadership and innovation in advancing Smart Energy Communities in Canada through: Energy Integration, Energy Efficiency, Energy Collaboration, and the Broader Good. The categories represent [...]

Report: Sell municipal hydro assets to free capital for infrastructure

Posted on April 20, 2017
A new report from the C.D. Howe Institute has recommended that Canadian cities sell their local electricity distribution companies (LDCs) and recycle the capital into infrastructure investments. Capital from the sale of electricity distribution companies should be invested in critical municipal infrastructure, said the new report. In Surge Capacity: Selling City-owned Electricity Distributors to Meet Broader Municipal Infrastructure Needs, author Steven Robins wrote why there is no compelling public policy rationale for municipalities to hold these assets. "There's [...]

Canadian green bond market has potential to top $50 billion

Posted on April 10, 2017
Canada's capacity for green bond issues will be at least $56.3 billion in fiscal 2017/18. That's the finding in a Corporate Knights report released at the RBC Capital Markets Green Bond Conference in Toronto. The figure is based on an analysis of the capital requirements, debt-raising capacity, and intended uses of proceeds on the part of 21 of Canada's largest public and private bond issuers. "There's clear momentum in green bond markets, but it's still seen as a niche and perhaps even challenging financing tool," says Corporate Knights CEO Toby Heaps [...]
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