Today, the Honourable Joyce Murray, Minister of Fisheries, Oceans and the Canadian Coast Guard; the Honourable Josie Osborne, B.C. Minister of Energy, Mines, and Low Carbon Innovation; and Chris O'Riley, President and CEO of BC Hydro, announced a joint investment of $32.7 million to support three decarbonization projects in British Columbia.
In Vancouver, this investment will support the decarbonization of the Creative Energy district energy steam plant. Existing gas boilers will be replaced with new electric steam boilers, and a 1.2km long underground powerline will be built from BC Hydro's Murrin substation to the Beatty Street plant. Powered by clean energy delivered through the new connection to BC Hydro's electricity grid, this investment will enable a significant reduction of the facility's CO2 emissions and provide sufficient low-carbon energy for 12 million square feet of new commercial and residential development.
In Princeton, this funding will support the electrification of mine haul trucks at Copper Mountain Mine using a trolley assist system, and the replacement of several diesel-powered water pumps at the mine site with electrically-powered pumps. This project will reduce the mine's CO2 emissions by 9,400 tonnes annually. Copper is a critical component of electric vehicles and clean energy technologies like wind and solar. The mining sector and the thousands of workers it employs in British Columbia and across the country will play a key role in building Canada's green economy.
In the Regional District of Cariboo, this funding will go towards fully electrifying all underground mine equipment at the proposed Cariboo Gold Project, a new underground gold mine and processing plant under development, and connect an existing substation to BC Hydro's electricity grid. This investment will reduce the facilities' CO2 emission by 22,700 tonnes annually.
Once completed, the two projects will help the mines to transition to cleaner energy sources and reduce emissions.
With 98% clean electricity, low-carbon electrification is a key part of the CleanBC plan to reduce reliance on fossil fuels and move British Columbia toward a clean energy future.
By investing in infrastructure, the Government of Canada is growing our country's economy, building resilient communities, and improving the lives of Canadians.
