Navdeep Bains, Minister of Innovation, Science and Economic Development Canada, has announced a $14.1-million investment in five Canadian clean technologies, including one company from Ontario that is focused on water technology.
KmX Membrane Technologies of Oakville, Ontario received $1.1 million. The company has developed an innovative water treatment technology that offers the potential for significant environmental, operational, and financial benefits at mine sites worldwide.
The announcement was made in Mississauga, Ontario following a meeting of the Economic Strategy Tables. Minister Bains was joined by Audrey Mascarenhas, President and CEO of Questor Technology and Chair of the Clean Technology Table, and Lorraine Mitchelmore, President and CEO of Enlighten Innovations and Chair of the Resources of the Future Table. The meeting looked at next steps to develop bold but actionable plans to support Canada’s long-term economic growth.
The invested projects are being funded through Sustainable Development Technology Canada, which works with Canadian companies to bring early-stage clean technologies to market. Investments in clean technology are part of the Government’s Innovation and Skills Plan.