New trails for Yarmouth
The Town of Yarmouth, N.S. has received pledges of $2.5 million to boost active transportation in the community. The projects will include four new multi-use paths totalling 2.93 kilometres and 130 metres of sidewalks. The federal government will spend $944,000 on the project through the Green Infrastructure Stream of the Investing in Canada infrastructure plan, the Government of Nova Scotia is contributing $787,000 and the town is allocating $629,000.
CMHC to finance rental housing in Charlottetown
The federal government through Canada Mortgage and Housing today announced a $19.2-million low-cost loan to help construct three residential buildings on Kensington Road in Charlottetown, P.E.I. The project by Ironwood Estates includes three four-storey multi residential buildings with 90 units in total and will be financed through CMHC’s Rental Construction Financing initiative, a program aimed at providing affordable rental housing.
TransAlta completes coal-to-gas conversion project
TransAlta Corporation announced today that it has completed the second of three planned coal-to-gas conversions at its Alberta thermal power generation facilities near Wabamun, Alta.
The plant converted was Keephills Unit 2. The firm said converting to natural gas from coal will reduce its CO2 emissions by more than half, from approximately 1.04 tonnes CO2e per megawatt-hour to approximately 0.51 tonnes CO2e per megawatt-hour in 2021.
McCarthy Tetrault analyzes federal thermal coal policy
Lexology today reports on an article by Selina Lee-Andersen of McCarthy Tetrault LLP on the federal government’s position statement on new and expansion thermal coal projects in Canada. “In short,” the lawyer writes about the June 11 statement, “The federal government’s position is that new thermal coal mining projects, or expansions of existing thermal coal mines in Canada, are likely to cause unacceptable environmental effects. In addition, the federal government considers such projects as being inconsistent with Canada’s emission reduction commitments under the Paris Agreement.”
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