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The Government of Canada is making investments in British Columbia to power a clean economy and inclusive growth
October 17, 2023
Indigenous communities across British Columbia are seizing new opportunities that power a net-zero future. Their innovation is establishing B.C. as a leader in clean energy and driving economic growth. PacifiCan is here to help propel projects that build prosperity in communities across the province.
Today, on World Geothermal Energy Day, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced over $3.6 million in PacifiCan funding to help Kitselas Geothermal harness geothermal energy for commercial use.
Geothermal energy is heat contained below the earth’s surface. It is a clean and renewable form of energy that can replace fossil fuel energy sources and reduce greenhouse gas emissions. British Columbia is well positioned to become a leader in developing geothermal energy because the province sits along the Pacific Ocean “Ring of Fire,” an area with significant geothermal energy potential because of volcanoes.
With funding through PacifiCan’s Jobs and Growth Fund, Kitselas Geothermal will drill production wells to harness geothermal energy. This project is expected to generate over 170 new jobs, including for Indigenous workers, creating lasting economic benefits for the region.
PacifiCan supports innovation, business growth and community economic development in British Columbia. Through targeted funding programs, PacifiCan makes strategic investments in growing companies poised to strengthen B.C.’s position as a domestic and international leader in sectors such as clean technology, life sciences and digital industries.
“This announcement on World Geothermal Energy Day reflects the Government of Canada’s commitment to building a net-zero future. By harnessing the power of geothermal energy in Northern B.C., Kitselas Geothermal brings us one step closer to that future. PacifiCan will continue working with Indigenous communities in B.C. to create lasting economic development that advances reconciliation.”
– The Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada
“Development of the ‘Fuel for Reconciliation’ geothermal energy project is a significant step towards Kitselas First Nation’s economic independence. The project also contributes to B.C.’s and Canada’s transition towards clean energy by demonstrating technology, training highly qualified professionals, and providing a proving ground for regulatory reform that will benefit both future project phases and other geothermal projects elsewhere in the country.”
– Alison Thompson, Director, Kitselas Geothermal Inc.
Senior Communications Advisor
Office of the Minister of Emergency Preparedness and Pacific Economic Development Agency (PacifiCan)