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June 10, 2016

Cap and Trade Update: Funding Innovation at Institutions

Ontario’s Cap and Trade System under the Climate Change Mitigation and Low-Carbon Economy Act, 2016, could mean additional financial challenges for institutions arising from new compliance costs.  In its Climate Change Action Plan (announced on June 8, 2016) Ontario commits to a fund to assist hospitals, universities and colleges to retrofit their facilities with energy efficient and renewable energy technologies.  The details of the fund are still to be developed.

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