Monday, April 8, 2019

CANADIAN TAXPAYERS FUNDING $12M TO LOBLAW

   OTTAWA, April 8, 2019 /CNW/ - Canadians are feeling the impacts and costs of climate change firsthand. By working together, we can take action on climate change in a way that benefits all Canadians. That's why the Government of Canada is working with businesses, cities and towns, Indigenous communities, universities, schools and hospitals to reduce pollution, improve our health, and make life more affordable.
  Today, the Minister of Environment and Climate Change, Catherine McKenna, announced funding from the Low Carbon Economy Challenge's Champions stream to Loblaw. The Government is investing up to $12 million, subject to a funding agreement, to help the company convert the refrigeration systems in approximately 370 stores across Canada over the next three years. This project will help reduce Loblaw's annual emissions by approximately 23 per cent. By leveraging up to $36 million in investments made by Loblaw, the Government is working together with Canadian business to support ingenuity and grow Canada's clean economy.

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