WATERLOO, Ont.—The government of Canada is opening the funding spigot for an Ontario organization dedicated to developing clean and innovative water technologies.
Prime Minister Justin Trudeau has announced the federal government will invest $12 million in the Southern Ontario Water Consortium, which is made up of several colleges and universities from across the province.
“This project is a great example of government, post-secondary institutions, not-for-profit organizations, and businesses working together to drive innovation and create new jobs and opportunities for Canadians,” Trudeau said. “We are committed to building a more sustainable economy that ensures we leave a cleaner and healthier environment for our children and grandchildren.”
The government says the funds, made available through FedDev Ontario, will allow the SOWC to partner with as many as 90 businesses and non-profits working on 80 different projects aimed at developing better technologies to connect Canadians with clean, sustainable water.
“The support announced today will be a catalyst for industry-led collaborations in the water sector,” Brenda Lucas, the organization’s executive director, said. “It will enable the SOWC to help Ontario companies leverage world-class academic expertise and real-world demonstration facilities to develop much-needed water technologies.”
With firms looking to commercialize their technologies, the funds could also help Ontario businesses take advantage of growing global demand for clean water.