Weekly Intelligence Brief

Canada supports expansion of tidal energy research capacity

26 February 2010

A project that harnesses the natural assets of Nova Scotia’s Fundy Region to build international profile for the region is now underway.

The Community Adjustment Fund (CAF), a key economic stimulus initiative contained in the Government of Canada’s Economic Action Plan, has contributed in a major way to this development. The federal government’s CAF is an economic stimulus initiative that is providing a $1 billion over two years to help create jobs and maintain employment in communities impacted by the global economic downturn.

A total Government of Canada investment of more than $850,000 has been allocated to support the expansion of the region’s tidal energy research capacity.

A commitment of $852,000, through CAF, will support the construction of the Fundy Ocean Research Centre for Energy (FORCE) in Parrsboro.

The 3500-square foot facility will house an operations and visitor centre for research into tidal energy and will feature research labs, a community room as well as several tidal energy-related educational elements such as educational tours, interpretive exhibits and models.

Read more:

Nova Scotia: http://social.tidaltoday.com/search/node/Nova+Scotia