Blog Archives

Reflecting on 2017 - Excited for 2018 and New Policy Victories!

12/28/2017

2017 was a big year for CanGEA on many fronts, one of the most being the improved tax and financial treatment for geothermal projects in Canada. See ThinkGeoEnergy's article for a more detailed account: http://ow.ly/mNUT30htqN5 . The New Year is just around the corner & the CanGEA team is rested and ready to make 2018 another one for the books!

Royal Assent of Bill C-63: 2017 Federal Policy Victory for CanGEA

12/19/2017

Bill C-63, A second Act to implement certain provisions of the budget tabled in Parliament on March 22, 2017 and other measures has received royal assent and is now law. CanGEA's Federal government outreach efforts proved fruitful in that:

Accelerated capital cost allowance has been extended to a broader range of geothermal projects and expenses
(including eligibility for transmission equipment expenses)
The range of geothermal energy project expenses that are eligible as Canadian renewable and conservation expenses, which can be fully deducted in the year incurred
Geothermal projects can claim exploration wells and flow-through shares for all project types as well as other heat transfer equipment

The changes above represent major policy victories for CanGEA in 2017, as they are a direct result of CanGEA's federal government outreach efforts.

Bill C-63 is accessible here.

December 19, 2017

Alberta Missing Pieces in the Geothermal Puzzle Webinar

12/7/2017

Heat Seeking; Alberta's geothermal industry potential and barriers, is a report from the Pembina Institute with support from the Alberta Clean Technology Industry Alliance. It identifies similarities between geothermal energy and oil and gas development that position Alberta to develop a thriving geothermal industry. It also describes challenges the emerging industry faces and what we need to exploit geothermal energy’s potential. An open webinar will take place at 10am MST on Tuesday December 19 where the author will discuss her findings with Jason Switzer of the Alberta Clean Technology Industry Alliance and answer participant questions.

For more information and to register please click here.

December 7, 2017

Coalition of 14 Métis and First Nations call for Site C Cancellation

12/4/2017

Coalition of 14 Métis and First Nations from AB and NWT call for Premier John Horgan to cancel the Site C dam.

Read the full story and open letter here: http://ow.ly/ur9l30h0rBi

December 4, 2017