Climate Action Incentive Fund

May 31st, 2019

The Federal Minister of Environment and Climate Change, Catherine McKenna, announced yesterday the launch of the Climate Action Incentive Fund (CAIF), which can help owners of small and medium-sized businesses become more energy-efficient, save money, and take action to reduce pollution.

For example, if you own a restaurant, convenience or grocery store, you could be eligible to receive funding of up to 25% of eligible costs (ranging between $20,000 and $250,000) for energy-efficient retrofits, such as solar panels installations, improved industrial processes, cleaner transportation, fuel switching, building retrofits. More details are expected to be released in June with the Fund opening up for applications in the upcoming weeks.


Funds available through the CAIF for SMEs in 2019-2020 will come to a total of $150 million, based on the percentage of carbon revenues collected within each province:

  • $102 million in Ontario
  • $30 million in Saskatchewan
  • $13 million in Manitoba
  • $5 million in New Brunswick

“In communities across Canada, small and medium-sized businesses are proving that taking action on climate change is good for business,” commented Catherine McKenna, Federal Minister of Environment and Climate Change. “To build on their leadership and ensure more small and medium-sized businesses have the means to take action, we are helping business owners invest in new equipment and retrofits to be more energy efficient, cut pollution and save money.”
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