Feds announce $11 million in funding for clean energy projects, mostly in Alberta

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Clean Energy News

University Of Alberta,Federal Funding,Alberta

CALGARY — Eleven clean energy projects, most of which are based in Alberta, have been selected to receive a total of $11 million in federal funding.

Natural Resources Minister Jonathan Wilkinson made the announcement in Calgary where he is attending a conference with provincial and territorial ministers.

The remaining $8.5 million will be divided between seven Alberta companies doing work in the area of clean hydrogen development. Matt Kaufman, Calamos head of ETFs, joins Wealth! to offer insight into the best small-cap ETFs and why now may be a good time to start buying into them. "We're seeing the Russell 2000, a broad measure of small-cap stocks, still about 17% off its record high from 2021. And so a lot of this underperformance is really interest rate driven because small caps rely much more heavily on external financing than their larger companies.

 

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