Accessibility Statement Skip Navigation
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • Data Privacy
  • Français
  • my CNW 
    • Login
    • Register
  • Client Login 
    • Online Member Centre
    • Next Gen Communications Cloud
    • Cision Communications Cloud®
  • Sign Up
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
Advanced Search
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Canadian Federal Government
      • Canadian Municipal Government
      • Canadian Provincial Government
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

  • Advanced Search
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Hamburger menu
  • Cision Canada
  • Send a Release
  • FR
    • Phone

    • 877-269-7890 from 8 AM - 10 PM ET

    • ALL CONTACT INFO
    • Contact Cision

      877-269-7890
      from 8 AM - 10 PM ET

  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Overview
  • Cision Communications Cloud®
  • Monitoring
  • Distribution
  • Multimedia
  • Guaranteed Paid Placement
  • AI Tools
  • IR
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media
  • Worldwide Offices
  • Send a Release
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • Webcasts
  • GDPR

Minister Bains announces $39 million investment in jobs of the future Français


News provided by

Western Economic Diversification Canada

Aug 09, 2019, 17:15 ET

Share this article

Share toX

Share this article

Share toX

Support will help British Columbian firms, innovate, scale-up and expand in Canada and around the world

NORTH VANCOUVER, BC, Aug. 9, 2019 /CNW/ - Innovative small-and medium-sized enterprises (SMEs) across Western Canada are creating jobs of the future. By supporting their success, the Government of Canada is investing in the future of middle-class Canadians and all those working hard to join them.

Today, during a visit to the Hydrogen Technology & Energy Corporation (HTEC), the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, and Minister responsible for Western Economic Diversification Canada (WD), announced investments through the Business Scale Up and Productivity (BSP) for 17 companies. Together, these companies will receive up to $39 million, including $875,000 to HTEC to develop and commercialize a next generation hydrogen fuel delivery system.

With the support of the WD funding, HTEC will develop and commercialize its next-generation PowerCube hydrogen distribution module. The PC65 is a flexible fuel-supply solution that can deliver high-pressure hydrogen to retail hydrogen fueling stations or act as a stand-alone fueling solution in heavy-duty transportation applications. This investment will allow the company to refine its existing PowerCube technology to support recently announced projects in Edmonton and the Port of Los Angeles; maintain a competitive advantage as the hydrogen fuel cell electric vehicle (FCEV) market develops; and generate increased employment opportunities, revenue growth, and export sales.

In the coming years, hydrogen-powered cars, trucks, and buses will grow in popularity to meet zero-emission vehicle and climate change goals. HTEC's mission is to harness hydrogen's potential to reduce pollution and climate change by building hydrogen supply stations to support this developing industry.

Supporting innovative, clean technology firms in Western Canada is a priority for WD. By providing interest free, repayable funding to help qualified companies grow and expand, WD is delivering on the Budget 2018 commitment to grow the western Canadian economy through regional innovation. In British Columbia, this investment will help create almost 800 new jobs for middle-class Canadians and will ensure Canada's prosperity for decades to come.

Western Economic Diversification Canada promotes the development and diversification of Western Canada's economy and advance the interests of the West in national economic policy, programs and projects.

The projects announced today include:

Organization

Project Description

Location

Funding

AbCellera Biologics Inc.

Scale-up partnerships in therapeutic antibody discovery business

Vancouver, BC

 Up to $5,000,000

Appnovation

Technologies Inc.

Commercialize open source

software platform for life science and finance sectors

Vancouver, BC

 Up to $2,495,500

ARTMS Products Inc.

Expanding the Use of Cyclotrons for Production of GMP Medical Isotopes

Vancouver, BC

$1,500,000

Binary Stream Software Inc. 

Adapt existing software to a cloud-based environment for increased market share

Burnaby, BC

 Up to $1,143,000

BumperNow Plastic Welding Inc.

Improve capacity and productivity of recycling operations by adopting advanced technology

Burnaby, BC

    Up to $699,500

DarkVision Technologies Inc.

Scale up of DarkVision Downhole Imaging Technology in Western Canada and US

Vancouver, BC

Up to $2,991,500

Waterplay

Optimize manufacturing capacity and processes for waterpark parts and systems

Kelowna, BC

$2,500,000

HTEC Hydrogen

Technology & Energy Corporation

Develop and commercialize next generation PowerCube hydrogen fuel delivery system

 

Vancouver, BC

Up to $875,000

Jostle Corporation

Increase connectivity of an

employee portal (intra net) to other enterprise systems

Vancouver, BC

Up to $2,000,000

Pug Pharm Productions

Scale-up marketing of Picnic

platform to capture emerging high-potential markets

Vancouver, BC

 Up to $550,000

Real Estate Webmasters Inc.

Commercialize a Property

Inventory Management System in Europe

Nanaimo, BC

$2,583,862

Redlen Technologies Inc.

Scale-up production of detectors for medical and security imaging devices

Saanichton, BC

$2,500,000

Saltworks Technologies Inc.

Demonstrate and commercialize industrial desalination technology

Richmond, BC

$2,500,000

SemiosBIO Technologies Inc.

Scale-up manufacturing and sales activities of precision agriculture system

Vancouver, BC

$5,000,000

STEMCELL Technologies Canada Inc.

Improve quality management system & upgrade cell separation products for new markets

Vancouver, BC

$5,000,000

Traction Sales and Marketing Inc. and

Traction Complete Technologies Inc.

Accelerate growth of account-based sales software

Burnaby, BC

 Up to $300,000

Wiivv Wearables Inc.

Establish a biomechanics lab and digital manufacturing centre

Vancouver, BC

Up to $2,300,000


TOTAL WD FUNDING                                                                             

 Up to $39,938,362

Quotes

"Across Canada, innovative companies are developing solutions to today's biggest challenges, like climate change, and creating the jobs of the future.  By supporting dynamic companies in promising sectors across British Columbia, our government is helping turn today's challenges into opportunities, and create the kinds of jobs that will secure a bright future for our children." 
     -       The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada

"Like many communities across British Columbia, North Vancouver is home to a number of creative, forward-thinking companies that provide jobs and prosperity for Canadians. HTEC is just one example of ambitious companies that are focused on jobs, growth, and innovation."
     -       Terry Beech, Member of Parliament for Burnaby North—Seymour and Parliamentary Secretary to the Minister of Transport

"HTEC is grateful for WD's investment in support of our ongoing efforts to reduce the cost and complexity of distributing hydrogen. With the PC65 system, we can deliver high-pressure hydrogen where and how it's needed, in larger volumes than more conventional distribution systems like tube trailers. Fewer deliveries mean reduced fuel costs for our customers, and reduced greenhouse gas and particulate emissions associated with transportation of the hydrogen itself."
     -       Colin Armstrong, President & CEO, HTEC

Quick Facts

  • Hydrogen has many benefits as a fuel source, including silent operation and creating water as the only by-product at point of use.
  • The BC government recently announced that it would require all new light-duty cars and trucks sold in the province to be zero-emission by the year 2040.
  • Regional Development Agencies like WD are one of Canada's four flagship platforms supporting innovation, along with the Industrial Research Assistance Program, the Strategic Innovation Fund and the Canadian Trade Commissioner Service.

Additional Links

  • Western Economic Diversification Canada
  • Innovation and Skills Plan
  • Government of Canada invests Over $45 million in advanced clean technology projects

Stay Connected

Follow us on Twitter: @WD_Canada, @ISED_CA 
WD Homepage
WD Toll-Free Number: 1-888-338-WEST (9378)
TTY (telecommunications device for the hearing impaired): 1-877-303-3388

IF THERE IS A DISCREPANCY BETWEEN ANY PRINTED VERSION AND THE ELECTRONIC VERSION OF THIS NEWS RELEASE, THE ELECTRONIC VERSION WILL PREVAIL.

SOURCE Western Economic Diversification Canada

Ben Stanford, Regional Communications Manager, Western Economic Diversification Canada, 604-365-8050, [email protected]

Related Links

http://www.wd.gc.ca/

Modal title

Organization Profile

Western Economic Diversification Canada

    Also from this source

  • /R E P E A T -- Media Advisory - Federal and Provincial Governments invest in commercial pilot training for Indigenous students in Northern Saskatchewan/

  • Media Advisory - Federal and Provincial Governments invest in commercial pilot training for Indigenous students in Northern Saskatchewan

Contact Cision

  • 866-245-2317
    from 8 AM - 10 PM ET
  • Become a Client
  • Request a Demo
  • Editorial Bureaus
  • Partnerships
  • General Enquiries
  • Media

Products

  • Cision Communications Cloud®
  • Media Monitoring
  • Content Distribution
  • Multimedia Distribution
  • Measurement & Analytics
  • Investor Relations

About

  • About Cision Canada
  • About Cision
  • Media Partners
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States
  • Vietnam

My Services

  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud®
  • my CNW

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Centre
  • Next Gen Communications Cloud
  • Cision Communications Cloud
  • my CNW
877-269-7890
from 8 AM - 10 PM ET
  • Terms of Use
  • Information Security Policy
  • Site Map
  • Cookie Settings
  • Accessibility Statement
Copyright © 2025 CNW Group Ltd. All Rights Reserved. A Cision company.