Basil Stewart, president of the Federation of Canadian Municipalities (FCM), and Peter Kent, Minister of State for Foreign Affairs (Americas), were joined today by Mayor David Miller at the Evergreen (Don Valley) Brick Works to celebrate nearly $7 million in funding for 15 green initiatives in Toronto.
The funding, loan and grant contributions from FCM's Green Municipal FundTM were directed by the city toward plans, studies and capital projects, ranging from environmental site assessments of brownfield properties to the construction of a LEED�-certified conference centre at Exhibition Place.
Toronto Community Housing received about $100,000 for a study exploring available renewable energy technologies (e.g., geothermal, solar and wind) that could be used in making apartment buildings greener and more sustainable. The study, nearing completion, will help Toronto Community Housing meet a Green Plan reduction target of 40 per cent reduced greenhouse gas emissions by 2020.
"The Green Municipal Fund offers a range of resources and services that specifically address the sustainable community development needs of municipal governments," said Stewart. "The financing and knowledge provided by the fund support the development of communities that are more environmentally, socially and economically sustainable."
"The Government of Canada is assisting municipalities across the country in achieving their goal of a cleaner and healthier environment for Canadians through the Green Municipal Fund," said Kent. "Today we celebrate the way our government-in partnership with FCM-is helping Toronto build a greener future for our citizens."
In the 10 years since the creation of the fund, FCM has contributed almost $49 million in grants and below-market loans to fund environmental studies, plans and capital projects in Toronto. Of the 15 most recent Toronto initiatives, 11 are energy efficiency studies, building retrofits and new building construction aimed at reducing energy consumption, and four are assessments of brownfield properties aimed at future remediation and redevelopment.
"Torontonians have long been doing the right thing for the environment, and these loans and grants will allow us to continue that important work," said Mayor Miller.
"We're doing our part to build a better Toronto for everyone by building green and more sustainable communities," said Mitzie Hunter, Chief Administrative Officer at Toronto Community Housing. "Improving the energy efficiency of our buildings helps improve in-suite comfort for tenants and means we have more money to invest in our communities."