Small-and medium-sized businesses in Ontario, New Brunswick, Manitoba, and Saskatchewan can now apply for funding for energy-saving projects

News release

July 17, 2019 – Ottawa, Ontario

Canadians are fighting climate change because they know a healthy environment and a strong economy go hand in hand. Climate action presents a global economic opportunity representing $26 trillion and 65 million jobs. Energy efficiency reduces energy costs and helps people save money. Likewise, small business owners across the country want to do their part in the national effort to fight climate change.

Today, the Minister of Environment and Climate Change, Catherine McKenna, announced that small-and medium-sized businesses in the four provinces where the federal government carbon-pollution pricing currently applies can now apply to the SME Project stream of the Climate Action Incentive Fund. Small and medium-sized businesses in these provinces will be eligible to receive funding of up to 25 percent of the cost of projects that will make their businesses more productive and competitive as they reduce energy use, save money, and cut greenhouse gas pollution.

A wide range of projects are eligible, including building retrofits, improved industrial processes, fuel switching, and the production of renewable energy for the use of applicants.

Over the next five years, small and medium-sized businesses in these provinces will have access to $1.45 billion to support actions such as increasing the energy efficiency of their operations.

This funding comes from a portion of the fuel-charge revenue from the four provinces where the federal price on carbon pollution is in effect.

Quotes

“In communities across Canada, small and medium-sized businesses are proving that taking action on climate change is good for business. 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.”
– Catherine McKenna, Minister of Environment and Climate Change

“Small-and medium-sized businesses want to do their part to fight climate change, and helping them invest in energy-efficient equipment will not only cut their pollution but also increase their productivity. The environment and the economy go hand in hand—from the neighbourhood hardware store to the contractors performing the retrofits—and we’re proud to help small business owners be part of the climate change solution every step of the way.”

– Mary Ng, Minister of Small Business and Export Promotion

Quick facts

  • Small-and medium-sized businesses in various sectors in Ontario, New Brunswick, Manitoba, and Saskatchewan can apply to the Fund starting today, July 17, 2019. The application period will be open until funding is exhausted or for a maximum of 90 days.
  • Proposals will be selected on a first-come, first-served basis, and regional considerations and prioritization for the most impacted small-and medium sized businesses will be taken into account.
  • Applicants can consult the applicant guide to prepare their proposal and submit it through the online application tool. Applicants will be notified of the decision after approximately 25 business days upon receipt of their application.
  • Businesses in Ontario, New Brunswick, Manitoba, and Saskatchewan could be eligible to receive funding of up to 25 percent of eligible costs for energy-efficient retrofits and other projects to improve energy efficiency, reduce their energy use, and save money—to a maximum of $250,000 per applicant per eligible province. The minimum amount of federal funding per application is $20,000.
  • Funds available for the Climate Action Incentive Fund SME Project stream in 2019–20 are $72.4 million in Ontario, $3.7 million in New Brunswick, $9.3 million in Manitoba, and $21.3 million in Saskatchewan. Updates on additional rounds of funding will be provided as they become available.
  • Under the Climate Action Incentive Fund, small-and medium-sized businesses are defined as businesses with fewer than 500 employees.
  • The Government of Canada implemented changes to accelerated capital costs that allow businesses to immediately write off the full cost of machinery and equipment used for the manufacturing and processing of goods or immediately write off the full cost of specified clean-energy equipment. Investments eligible for Climate Action Incentive Fund may also be eligible for the accelerated capital cost allowance.
  • The Government will soon launch a new call for proposals for smaller projects from small businesses across the country, under the Low Carbon Economy Fund Partnerships stream. Approximately $10 million will be available to help those businesses make investments to improve energy efficiency, reduce pollution, and save money.

Federal Government Announces 25% Tax Incentive for Small and Medium Commercial Businesses

Federal Government Announces Climate Action Incentive Fund, Solar Energy Eligible

OTTAWA, ON, MAY 30, 2019 – The Federal Minister of Environment and Climate Change, Catherine McKenna, announced this morning the launch of the Climate Action Incentive Fund (CAIF) to create jobs, grow the economy, help businesses save money, and fight climate change.

Under the CAIF program, small- and medium-sized enterprises (SMEs) in Ontario, Saskatchewan, Manitoba, and New Brunswick – the four provinces where the federal price on pollution applies – could be eligible to receive up to 25 percent of their energy efficiency project costs with funding ranging between $20,000 and $250,000. Eligible projects include building retrofits, improved industrial processes, cleaner transportation, fuel switching, and the production of renewable energy, including solar energy projects. According to the Federal Government, the fund will be open 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.”

“The Federal Government is once again proving that taking steps to clean our environment can also help strengthen our economy,” said Wesley Johnston, CanSIA President and CEO. “The Climate Action Incentive Fund will help to create jobs, grow the economy, and help small and medium businesses save money on their energy bills by helping them adopt solar energy.”

These funds would be in addition to tax benefits from the Accelerated Capital Cost Allowance changes the federal government announced in 2018, that allows businesses to immediately write off the full cost of specified clean energy equipment, including solar energy and energy storage equipment.

To access the Federal Government News Release, click here.

About CanSIA
The Canadian Solar Industries Association (CanSIA) is a national trade association that represents the solar energy industry throughout Canada. CanSIA’s vision for Canada’s solar energy industry is for solar electricity to be a mainstream energy source and an integral part of Canada’s diversified electricity mix by 2020, operating in a supportive and stable policy and regulatory environment within a similar frame.

Randy Fascinato joins Frankensolar Americas Inc.

MEDIA RELEASE
For immediate delivery

Frankensolar Americas Inc. is pleased to announce that Randy Fascinato has joined the Frankensolar Americas sales team as of June 1st 2019

Frankensolar Americas Inc. is pleased to announce that Randy Fascinato has joined the Frankensolar Americas sales team as of June 1st 2019
(Toronto, Ontario, Canada – May 16, 2019) As of June 1st 2019, Randy Fascinato will join Frankensolar Americas Inc., a leading supplier of Solar PV product, as the Key Account Manager for Eastern Canada. Randy Fascinato brings over 12 years of solar PV sales experience to the Frankensolar Americas team, having worked for a number of Tier 1 solar module manfucaturers at Director Level Mangement.

“Frankensolar Americas encompasses all of the key criteria needed from a professional distribution partner, good, extremely knowledgable people, the right products on hand, and a passion for doing it right. I am looking forward to continuing my career in the solar industry. Feel free to contact me anytime or drop by for a coffee and a chat.” commented Randy Fascinato.

Danny Mueller, VP of Sales and Marketing at Frankensolar Americas Inc. said,”Randy and Frankensolar go back a long time; for us it is great to bring someone with as much experience and knowledge on board. Frankensolar is different than other solar distributors that are out there. For us, it is about working with our partners and helping them grow their business by helping design systems the right way, with the right equipment and reducing system costs while still using all the premium products project owners expect. Randy is a great fit as he embodies what Frankensolar is all about, great customer service and helping our partners succeed.”

Randy Fascinato, as the Key Account Manager for Eastern Canada, will be responsible for the Maritime Provinces, Quebec and Ontario. In this role he will help Frankensolar Americas increase market penetration and give more companies access to the extensive portfolio of products and services Frankensolar Americas offers.

About Frankensolar:
Frankensolar was originally established in 1990 in the Franken region in Germany. Frankensolar Americas, which was estalished as a subsidiery of Frankensolar in 2011, is now the leading supplier of solar energy products to professional solar installers in Canada. It offers a very wide line of products and has extensive support and knowledge it provides its partners with.
Media contact:
Danny Mueller V.P. Sales and Marketing Frankensolar Americas
Toll Free: +1 855-276-5279 (855-2SOLAR9)
E-Mail: Danny.Mueller@frankensolar.ca

Huawei Launch 2019 RSVP NOW

RSVP Now! To attend the Huawei Residential Inverter Launch on March 1st in Brampton and/or March 8th in Edmonton.

SolarCanada 2017

Frankensolar Americas will be at SolarCanada2017 next Monday and Tuesday; Canada’s biggest Solar Tradeshow.  Come see us at booth 424 and have a beer on us in our Biergarten which will be sponsored by REC on Monday and SMA America on Tuesday.  We will have representatives of many companies there including Randy Fascinato from REC, Art Juarez from SMA, Frank Berring from REFUsol – REFU Elektronik GmbH Showcase Page.

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