Heidelberg Materials' investment will continue to position Canada as a front-runner in the production of low-carbon concrete
Innovation is essential to achieving a resilient, sustainable economy while meeting Canada's climate goals and protecting the planet for future generations. The Government of Canada is committed to economic growth that enhances the competitiveness of Canadian industry in the net-zero carbon economy, reduces environmental impacts and builds a clean future. To cut pollution, build a strong, sustainable economy and reach net zero by 2050, the government and the private sector must continue to work together.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, along with the Honourable Randy Boissonnault, Minister of Tourism and Associate Minister of Finance, announced that the Government of Canada has signed a partnership with Heidelberg Materials. This partnership will help support the company's $1.36 billion project to build a full-scale carbon capture, utilization and storage (CCUS) system and a combined heat and power (CHP) system at its Edmonton cement facility. This CCUS system, a first of its kind in North America, would enable the company to produce carbon-neutral cement through the capture and compression of carbon dioxide (CO2) for subsequent transportation and permanent storage, reducing greenhouse gas emissions by up to 1 million tonnes annually. This is the equivalent of removing more than 300,000 passenger vehicles from the road annually.
Today's announcement marks the signing of a memorandum of understanding and the start of negotiations toward an agreement for the proposed project, which supports actions outlined in the Roadmap to Net-Zero Carbon Concrete by 2050. This project is a major step forward in establishing Canada as a global leader in the production of low-carbon concrete and builds on a strong track record of innovation related to the technologies, tools and policies needed to stay on track with a net-zero trajectory.
