First announced in the 2022 federal budget, the Canada Growth Fund aims to accelerate Canada's clean economy through groundbreaking renewable projects and technology. The $15-billion investment fund is also posed to have a ripple effect throughout the energy law field, giving rise to a spate of transactional and regulatory work across the country.

In a recent interview with CBA National magazine, Elizabeth Burton, who leads Gowling WLG's Financial Services Group in Calgary, discussed what the program could mean for Canada's energy and cleantech sectors – particularly in the wake of similar programs like the U.S. Inflation Reduction Act.

"[The new Canada Growth Fund] is certainly exciting to me as it would allow for a lot of Canadian driven technologies, development projects, to start to develop a Canadian expertise area." – Elizabeth Burton, partner

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About Gowling WLG's Energy Group

With experience across the energy industry in areas such as nuclear, electricity, renewables, oil & gas and government advisory and regulation, Gowling WLG's Energy Group serves as trusted counsel to senior energy executives and policy makers. The group has played a leading role in some of the most significant Canadian and international energy-sector transactions and litigation in recent history. Learn more about Gowling WLG's Energy Group