| |

Canada Announces Support for New Hydrogen Project in Nova Scotia

January 16, 2024

Canada Announces Support for New Hydrogen Project in Nova Scotia

On November 17, 2023, the Honourable Sean Fraser, Canada’s Minister of Housing, Infrastructure and Communities, announced on behalf of the Honourable Mary Ng, Minister of Export Promotion, International Trade and Economic Development, an agreement to support a clean energy hub that EverWind Fuels is developing in Nova Scotia.

EverWind and Export Development Canada on behalf of the Government of Canada reached an agreement in principle on terms for a $125-million debt facility to support the project, pending final due diligence. The project will help put Atlantic Canada on the global stage as a leader in clean energy.

Hydrogen is expected to play a key role in meeting Canada’s net-zero goals. Under the Government of Canada’s plan to build Canada’s clean economy, more than 90 clean-growth projects with a total value exceeding $40 billion, including private investment, began over the past 3 years or will soon move forward into construction across Canada. 


“With the global demand for hydrogen increasing, there is an opportunity for Canada to be a top supplier of hydrogen in a net-zero emissions world. The EverWind project will create good middle-class jobs and opportunities that are both environmentally and economically sustainable.”

– Mary Ng, Minister of Export Promotion, International Trade and Economic Development

Quick Facts

  • The Hydrogen Strategy for Canada, released in December 2020, lays out an ambitious framework for actions that will position Canada as a world-leading producer, user and exporter of clean hydrogen and associated solutions in support of its net-zero emissions targets.
  • Canada has committed significant financial and regulatory support for clean technologies like hydrogen. Canada’s Budget 2023 includes approximately $60 billion in new spending, of which investments and measures in clean technology account for almost $21 billion. 
  • Canada also put forward details of the Clean Hydrogen Investment Tax Credit in Budget 2023. Tax support varies between 15% and 40% of eligible project costs. Projects that produce the lowest carbon-intensity hydrogen receive the highest levels of support. 
  • Property that is required to convert clean hydrogen to clean ammonia is also eligible for the Clean Hydrogen Investment Tax Credit, at 15%. 
  • Canada’s 2023 Fall Economic Statement announced that the Clean Hydrogen Investment Tax Credit was available from March 28, 2023.


Related Story

Government Of Canada Announces New Partnership to Create At Least 5,200 More Apprenticeships in Atlantic Canada

The skilled trades are essential to Canada’s economy. Few industries are as essential to Canadians’ everyday lives. Smart investments are needed to support Canadians from all backgrounds in taking up apprenticeship training now, and to help kick-start lucrative careers in well-respected skilled trades.

Related Articles

Editor’s Pick: Featured Article

Weidmüller’s u-control 2000: The Automation Controller

Weidmüller’s u-control 2000: The Automation Controller

Weidmüller’s scalable engineering software, u-control 2000, adapts individually to your requirements. And, the u-control is powerful, compact and fully compatible with Weidmüller’s I/O system u-remote. This article looks at what makes u-control the heart of your automation.

Programmable logic controllers (PLCs) are one of the main components of any automated system. A typical control system has inputs, outputs, controllers (i.e., PLCs), and some type of human interaction with the system, a human machine interface (HMI), for example.

Read More

Latest Articles

  • ABB’s Care and Modernization Services Breathe Second Life into Legacy Equipment

    April 3, 2024 The most comprehensive and sustainable options for extending product life In today’s world with environmental concerns top of mind, ABB offers sustainable options to extend equipment life through refurbishment and repair—which support a circular economy and reduce landfill footprints. In this context, ABB Canada’s Brampton facility is recognized for offering customized solutions… Read More…

  • A Guide to Industrial Ethernet (IE)

    April 2, 2024 Ethernet has become the backbone of industrial communication, enabling devices and systems to exchange data rapidly and reliably. This guide delves into Ethernet’s implementation in industrial settings, highlighting its advantages, protocols, frame structure, and data types to provide a solid foundation for professionals looking to leverage this technology. Understanding Industrial Ethernet At… Read More…