This investment in Giatec Scientific Inc. will create an estimated 160 well-paying jobs and help reduce the Canadian carbon footprint for concrete
The federal government is committed to a carbon-neutral future and has set the ambitious target of achieving a net-zero economy by 2050 while creating good-paying jobs. As part of that commitment, we are supporting the transition to clean technology innovations that will help Canadian businesses reduce carbon emissions and lessen their impact on the environment.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, is pleased to announce a $17.5 million investment in Giatec Scientific Inc. This investment will support the company's $65.8 million project to develop sensor technologies using artificial intelligence (AI) to optimize concrete mixtures, resulting in a reduced carbon footprint, while improving the quality of building materials used for Canadian infrastructure.
With this investment, Giatec Scientific Inc. will develop a smart concrete demonstration plant, which will operate using its new SmartMix™ technological innovation, for companies and universities to advance innovation in the construction ecosystem. This plant will be based in Ottawa is estimated to create 160 good-paying jobs.
Canada is a global leader in tackling climate change, and this announcement will not only help Giatec Scientific Inc. lower its own greenhouse gas emissions but also provide an opportunity for all industry stakeholders in Canada to do the same.
