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Government of Canada Announces $11 Million to Advance Small Modular Reactor Research and Hydrogen Technologies to Support Clean Energy Development

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CALGARY, AB, July 3, 2024 /CNW/ – As nations globally move to reduce carbon emissions and shift to non-emitting forms of energy, investing in advanced technologies will help ensure Canada remains a global energy leader. Through and beyond the energy transition that is already well underway, ultra-low carbon sources of energy such as wind, solar, hydro and nuclear power will be key to seizing the enormous economic opportunities that are available to Canadians in all regions of the country.

It is in this context that federal, provincial and territorial ministers are meeting in Calgary, Alberta, from July 3 to July 5, 2024, at the annual Energy and Mines Ministers’ Conference, to share perspectives and continue driving momentum in the energy and mining sectors.

Today, the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced $11 million in funding for nine energy technology projects — $2.5 million in funding for small modular reactor research and $8.5 million to support innovation in Canada’s clean hydrogen sector.

Of this funding, $5 million will be allocated to three projects in Alberta selected through the Energy Innovation Program’s (EIP) Clean Fuels and Industrial Fuel Switching call for proposals, including:

$3,000,000 to Aurora Hydrogen Inc. to advance the use of microwave energy for pyrolysis technology to convert methane to hydrogen and solid carbon with minimal greenhouse gas emissions and no water use;$1,000,000 to Quantiam Technologies for the production of carbon-negative methanol and e-fuels from captured carbon dioxide and green hydrogen; and,$1,000,000 to Innova Hydrogen Corp for zero-carbon hydrogen production via catalytic methane pyrolysis.

The remaining four projects, also in Alberta, are funded through the EIP and support the Hydrogen Centre of Excellence, a strategic initiative led by Alberta Innovates. They include:

$1,300,450 to ATCO Gas and Pipelines Ltd., in partnership with Qualico, to conduct a feasibility assessment of a pure hydrogen pipeline network to heat new homes in the community of Bremner in Strathcona County, Alberta, including constructing a pure-hydrogen demonstration home;$1,264,550 to Innovative Fuel Systems to reduce emissions from heavy-duty vehicles by developing a hydrogen and diesel dual-fuel retrofit system applicable to 90 percent of heavy-duty engines;$508,935 to ATCO Gas and Pipelines Ltd. to develop the Fort Saskatchewan Operating Centre into the first commercial 100-percent hydrogen-heated building in North America and as a demonstration site for end-user heating technologies that utilize pure and blended hydrogen with natural gas; and,$415,000 to New Wave Hydrogen Inc. to accelerate the time of methane thermal cracking for hydrogen production via shock wave heating technology in preparation for successive field pilots.

These projects will drive progress in energy innovation across Canada while positioning the country to become a leader in hydrogen and other critical energy technologies.

Nuclear energy is part of the suite of non-emitting technologies needed for the world to transition to a net-zero future. NRCan introduced the Enabling Small Modular Reactors (SMRs) Program in 2023 to support the development of supply chains for SMR manufacturing and fuel and fund research on SMR waste management solutions to ensure that SMRs, and the waste they generate, can be safely managed, now and into the future.

As part of the Enabling SMRs Program:

The University of Regina will receive a total of $941,651 over three years to study long-term disposal strategies for intermediate level and non-fuel high level wastes from SMRs within Saskatchewan; and,The University of Alberta will receive a total of $1,656,000 over three years for its project on additive manufacturing (AM) of next-generation functionally graded materials for use in SMRs.

Canada is committed to achieving net-zero emissions by 2050 and recognizes that close collaboration with provinces and territories, Indigenous partners and key stakeholders is crucial to building a thriving, inclusive, low-carbon economy. By working together through gatherings such as the annual Energy and Mines Ministers’ Conference, Canada is advancing the most promising competitive advantages in every region of the country to drive a prosperous and sustainable economy for the future.

Quotes

“This week’s announcements are part of a series of significant steps the Government of Canada continues to take to support good jobs and promote sustainable growth, including the launch of the Hydrogen Strategy for Canada Progress Report, Canada’s Critical Minerals Strategy and Canada’s founding of the Sustainable Critical Minerals Alliance last fall. I will continue to work with all partners to ensure Canada remains a global supplier of choice for clean energy in a net-zero world — ensuring a prosperous and clean future for Canadians from coast to coast to coast.” 

The Honourable Jonathan Wilkinson
Minister of Energy and Natural Resources

“New Wave Hydrogen is honoured to be a part of the Canadian clean energy transition. The vision and benefits of these funding programs offer vital support to emerging companies. This funding stimulates growth, not just for the New Wave technology — it extends to support Canada’s innovation ecosystem and networked growth through engineering, manufacturing and clean energy sectors.”

Kathleen O’Neil
CEO New Wave Hydrogen, Inc.

Quick Facts

According to an independent ranking from BloombergNEF, Canada has surpassed China as the world’s most promising jurisdiction for manufacturing lithium-ion batteries such as those used in electric vehicles.  The EIP advances clean energy technologies that will help Canada meet its climate change targets, while supporting the transition to a low-carbon economy. It funds research, development and demonstration projects and other related scientific activities.Interest in low-carbon hydrogen in Canada has increased significantly since 2020, with over 80 low-carbon hydrogen production projects announced, representing over five million tonnes of hydrogen production capacity and an economic expression of interest of over $100 billion in potential investment in domestic clean energy opportunities and jobs.Since 2020, British Columbia, Alberta, Ontario, Quebec, Nova Scotia and New Brunswick have published hydrogen strategies, identifying hydrogen as a provincial clean energy priority and describing provincial actions and objectives to realize regional low-carbon hydrogen objectives. Hydrogen has been identified as a key opportunity area by a number of jurisdictions as part of the Regional Tables and features prominently in the recently released British Columbia Regional Energy and Resource Table – Framework for Collaboration on the Path to Net-Zero.There are now 13 low-carbon hydrogen production facilities in operation across Canada, able to produce over 3,000 tonnes of low-carbon hydrogen per year. NRCan was allocated $29.6 million over four years in Budget 2022 for research and development to support the conditions and frameworks necessary for SMRs to displace fossil fuels and contribute to climate change mitigation. Funding announced today complements work taking place with a number of jurisdictions through the Regional Tables, as well as through the Canada-Alberta Working Group and a sub-working group on SMRs.The nuclear sector helps Canada avoid approximately 45 million metric tonnes of carbon dioxide emissions annually, compared to electricity produced from natural gas. In a country where 82 percent of our electricity already comes from low- or non-emitting sources, nuclear continues to be a complement to the strong renewables sector in continuous development. 

Related Information

Canadian Critical Minerals Strategy Hydrogen Strategy for Canada and Progress Report
Energy Innovation Program
Hydrogen Centre of Excellence – Alberta Innovates
Enabling Small Modular Reactors Program
Budget 2024 – Attracting Investment for a Net-Zero Economy
Backgrounder: Economic Growth and Productivity
2030 Emissions Reduction Plan: Clean Air, Strong Economy
Net-zero emissions by 2050
Clean Hydrogen Investment Tax Credit

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SOURCE Natural Resources Canada

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Ant Digital Technologies CTO: The Agent Economy’s Four Fault Lines Demand a Ground-Up Infrastructure Redesign

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HONG KONG, April 21, 2026 /PRNewswire/ — On April 20, Ant Digital Technologies introduced its architectural vision for the agent economy at Hong Kong Web3 Festival — the “4R Full-Stack Architecture,” comprising four layers: Agentic Runtime, Payment Rails, Agent Registry, and Root Infrastructure — aimed at providing AI agents with foundational technical infrastructure covering identity, payments, risk control, and regulatory compliance.

In her keynote, Dr. Yan Ying, CTO of Ant Digital Technologies identified four fundamental fault lines in the current foundations of the agent economy: execution failures arising from prompt logic vulnerabilities, an accountability vacuum caused by AI’s lack of verifiable identity, transactional barriers stemming from payment gateways designed around human principals, and collaboration risks that emerge when unfamiliar agents cannot establish mutual trust. “This cannot be resolved by patching software,” she stated. “It requires a ground-up redesign at the infrastructure layer.”

The core product of the Agentic Runtime layer is DT Claw, which embeds the CARLI safety model to enforce behavioral constraints on agents at the execution level, supports multi-model compatibility and financial-grade compliance standards, and is designed to ensure that every AI operation is controllable, auditable, and recoverable.

The Payment Rails layer establishes a native on-chain payment channel that integrates agent-driven intelligent decision-making with verifiable credential chain technology, enabling precise identification of payment intent and end-to-end security while delivering full transaction transparency and immutability. For high-frequency micropayment scenarios, the platform builds a native instant settlement network supporting cross-chain, multi-asset seamless transfer and intelligent routing, significantly improving capital turnover efficiency. Additionally, by providing a standardized developer toolchain and a frictionless wallet integration experience, the solution substantially lowers both development barriers and end-user adoption costs — forming a payment closed-loop that balances financial-grade security with best-in-class usability.

The Agent Registry layer issues on-chain identities to each agent based on the DID (Decentralized Identifier) standard and ERC-8004, ensuring every instance of inter-agent collaboration is traceable and verifiable. The Root Infrastructure layer serves as the architectural foundation, leveraging Jovay Layer2 to achieve sub-120-millisecond transaction confirmation in support of AI micropayments, and combining ZKVM technology to enable off-chain computation with on-chain verification — resolving the computational trust problem inherent in the AI economy. As Yan Ying put it, “Root Infrastructure uses blockchain and privacy-preserving computation to provide agents with a tamper-proof contract execution environment. Even two agents with no prior relationship can establish trust through code and transact with confidence.”

AI is currently progressing from the Chat phase through the Action phase and into the era of the agent economy. Yan Ying argued that the defining transformation of this third phase lies not in AI becoming more intelligent, but in AI beginning to hold assets and exercise transactional authority. She noted that over the past decade-plus, Ant Digital Technologies has accumulated deep engineering expertise across financial-grade security, privacy computing, blockchain, and compliance systems — and that the 4R Architecture represents a ground-up research and development effort built upon that foundation.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/ant-digital-technologies-cto-the-agent-economys-four-fault-lines-demand-a-ground-up-infrastructure-redesign-302748251.html

SOURCE Ant Digital Technologies

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Candid Appoints Andrew Shaw as Chief Product & Technology Officer to Accelerate Platform Growth

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Seasoned product leader joins from OLX to scale Candid’s Live Marketing™ AI infrastructure across the UK and beyond

LONDON and AMSTERDAM, April 21, 2026 /PRNewswire/ — Candid, the platform-based advertising, marketing and communications group operating across the Netherlands and the United Kingdom, has today appointed Andrew Shaw as Chief Product & Technology Officer (CPTO), effective immediately.

Working at group level, Shaw assumes responsibility for Candid’s product strategy, technology infrastructure and the scaling of its agency brands and capabilities. His appointment comes at a pivotal moment for the group, with strong and growing market demand for Candid’s proprietary Live Marketing™ platform — an integrated, AI-powered infrastructure spanning strategy, campaigns, media and creative. Shaw’s immediate mandate is to accelerate its development and bring it to enterprise scale.

Shaw joins with a strong international pedigree in product leadership and technology innovation. He was most recently Director of Product at OLX in Amsterdam, and prior to that held a comparable senior product role at adidas in Germany. Originally from South Africa, Shaw spent over five years in Germany before relocating to the Netherlands four years ago, where he has built deep expertise working within complex, international technology organisations.

In his new role, Shaw will work across Candid’s group of agencies and brands — building the product and technology foundations that underpin the group’s client proposition and ensuring the Candid platform maintains its competitive edge in a fast-evolving market.

Andrew Shaw, Chief Product & Technology Officer, Candid:

“My remit is clear: to take Candid’s Live Marketing™ infrastructure from proven technology to a truly differentiated, enterprise-grade and scalable platform — one that holds its competitive advantage in a market that is moving fast.”

Gerard Ghazarian, Founder & President, Candid:

“Andrew brings exactly the depth of product and technology leadership that this moment calls for. He will be instrumental in shaping our product strategy and in building the technology organisation we need to realise our ambitions — in the UK, the Netherlands, and beyond.”

Shaw’s appointment represents a significant step in Candid’s continued investment in its technology capabilities and leadership team. As the group scales across its agency brands and geographies, this appointment signals an unambiguous commitment to building a robust, future-proof platform that delivers tangible, measurable value for clients and brand partners across the portfolio.

Photo – https://mma.prnewswire.com/media/2960657/Candid.jpg

View original content:https://www.prnewswire.co.uk/news-releases/candid-appoints-andrew-shaw-as-chief-product–technology-officer-to-accelerate-platform-growth-302747667.html

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NX Group to Acquire All Shares in Metro Supply Chain Group of Canada, Turning It into Subsidiary

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TOKYO, April 21, 2026 /CNW/ — NIPPON EXPRESS HOLDINGS, INC. (hereafter “NX Group”) has reached an agreement to acquire all shares in Metro Supply Chain Group Inc. (“Metro Supply Chain Group”) based in Montreal, Canada, and entered into a share purchase agreement, dated April 17, 2026.

Logo: https://drive.google.com/file/d/1dqm0cxpYamnvMUra1AGXMuGlX932Z353/view?usp=drive_link 

The transaction values Metro Supply Chain Group at CAD1.8 billion (approximately 207.0 billion yen) on an enterprise value basis, representing the largest acquisition in NX Group’s history. In addition, an earnout of up to CAD400 million (approximately 46.0 billion yen) may be payable to the sellers, contingent on the company meeting certain financial targets as defined in the share purchase agreement.

Metro Supply Chain Group has a strong operational footprint across Canada, the United States and the United Kingdom, providing third-party logistics (3PL) services to a broad range of industries, including consumer goods, automotive, manufacturing and healthcare. Through this acquisition, NX Group expects to significantly expand its presence in the North American market and enhance its end-to-end logistics capabilities. The transaction represents a pivotal step toward accelerating NX Group’s long-term vision — set out in its management plan “NX Group Management Plan 2028 Dynamic Growth 2.0” — of becoming “a logistics company with a strong presence in global markets.”

For more details, please visit: https://drive.google.com/file/d/1SvzqxdP0zEEDCtmm2yhpGjBuDkM3iJea/view?usp=drive_link 

About the NX Group: https://drive.google.com/file/d/1mbvBL6C8THZNrR5LREgGeafNkEdaAmV-/view?usp=drive_link 

NX Group official website: https://www.nipponexpress.com/ 

NX Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/ 

 

View original content:https://www.prnewswire.com/news-releases/nx-group-to-acquire-all-shares-in-metro-supply-chain-group-of-canada-turning-it-into-subsidiary-302747977.html

SOURCE NIPPON EXPRESS HOLDINGS, INC.

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