Opportunities for Propane Industry in Federal Budget
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It’s clear from
the recently tabled 2017 budget, the federal government is making the
environment a top priority. For the propane industry, the budget
provides opportunities to expand the use of propane in many of its
applications, including transportation, industrial, residential,
institutional, and agricultural.
Budget highlights include:
Budget highlights include:
- Proposing $229 million over four years to Natural Resources Canada and Transport Canada to continue R&D activities.
- Reducing reliance on diesel in Indigenous and Northern Communities, with more than $620 million being proposed to communities south of the 60th parallel to fund more sustainable, renewable power solutions and address energy security.
- Reducing emissions from federal operations by allocating $13.5 million to energy efficiency and clean energy technologies, retrofitting federal buildings, and reducing or eliminating emissions from vehicle fleets.
- Allocating $75 million to a new initiative, the Impact Canada Fund, to address such challenges as helping rural and remote communities reduce reliance on diesel.
