The Government of Canada has launched the Climate Action Incentive Fund (CAIF), in support of small and medium-sized businesses in the renewable energy sector. It is a new incentive for businesses with fewer than 500 employees, who may be eligible for a refund up to $250,000 per project.

For the province of Ontario, there are $102 million funds available. The CAIF incentive will help businesses be more productive while reducing energy costs and pollution. Application is being accepted from July 17, 2019 for 90 days, or until funding exhausted.

Eligible rebate amount
Up to 25% of the project’s total eligible costs
No less than $20,000 CAD and no more than $250,000 CAD per project and per recipient
A $250,000 CAD funding cap will apply to the group of applicant franchisees who operate under the same franchise trade name in each eligible province
Eligible project categories and sample activities

Electricity, energy or fuel production
Solar photovoltaic, wind energy, micro-hydro, stand-alone storage systems that are on-site and for own-use
Combined heat and power for own use
Low-emission fuel production for own-use
District energy (heating and/or cooling)

Agricultural retrofits
Changes to agricultural processes to improve energy efficiency
Fuel switching to lower-emitting energy sources in agricultural operations
Other energy efficiency measures in the agricultural sector

Building retrofits
Enhancements to building envelope (with direct energy savings), including energy-efficient windows/doors/skylights, increased insulation, weatherproofing, and glazing
Energy-efficient lighting system
Heating, ventilation, and air conditioning (HVAC) equipment/systems/controls
Water heating retrofits, including high efficiency condensing water heating
High-efficiency motors and controls
Energy management controls, including building automation systems
Fuel switching to lower-emitting energy sources in existing buildings

Industrial process improvements
Retrofitting and upgrading of existing equipment used for industrial processes
Fuel switching to lower-emitting energy sources
Process changes
Waste-heat recovery

Transportation retrofits
Heavy-duty vehicle retrofits, including energy efficiency and/or fuel switching to lower-emitting sources
Marine vehicle retrofits, including energy efficiency and/or fuel switching to lower-emitting sources

Waste
Energy efficiency measures in waste management

Contact us, we can help you apply now to reap the benefits for your business and improve the Bottomline!