The increasingly anemic Canadian economy was administered a
boost in the form of an unprecedented stimulus package announced in
the federal government's Budget 2009 released on January 27,
2009. The budget contains a number of programmes and incentives to
promote "green" projects and the development of clean
technologies and renewable energy. While the exact details are
still to be provided, the "green" budget highlights are
as follows.
Green infrastructure
The budget contains a pledge by the federal government to
provide $1 billion over five years to support a Green
Infrastructure Fund. The Green Infrastructure Fund will be used by
the government to support green infrastructure projects on a
cost-shared basis. The budget states that green infrastructure
includes infrastructure that supports a focus on the creation of
sustainable energy - infrastructure such as modern energy
transmission lines and other projects that will contribute to lower
carbon emissions.
