Ottawa to announce $100 million toward offshore wind projects in Nova Scotia
Ottawa says the funding will help attract private investment and support early studies, with a bid call planned for winter 2027.
- On Thursday, Federal Energy Minister Tim Hodgson announced a $100 million federal commitment to develop offshore wind energy in Nova Scotia, appearing alongside Nova Scotia Premier Tim Houston in Halifax.
- This funding supports the province's Wind West plan, which aims to produce five gigawatts of electricity by 2033 to help expand Canada's renewable energy grid, currently providing more than 80 per cent of the nation's power.
- Ottawa is also investing $5 million to deploy a fleet of buoys measuring wind speeds and $3 million to model offshore power transmission to Quebec and Ontario, Justice Minister Sean Fraser confirmed.
- The data gathered from these initiatives will inform prospective investors ahead of a call for bids in winter 2027, as the province seeks to attract private investment for the $60 billion Wind West plan.
- Marine Renewables Canada reports the global offshore wind market is projected to be a trillion-dollar industry by 2040, though the organization notes Canada has yet to install a single turbine despite possessing wind-rich coastlines.
33 Articles
33 Articles
Ottawa will announce $100 million toward offshore wind projects in Nova Scotia
The federal government is set to announce a $100-million commitment toward developing offshore wind energy in Nova Scotia in the hope of attracting private investment to projects like the province's Wind West plan.
Ckpg Today
In the news today: offshore wind funding, health ministers meet, PM visits Calgary
Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Ottawa to announce $100 million toward offshore wind projects in Nova Scotia The federal government is set to announce a $100-million commitment toward developing...
Winnipeg Free Press
Ottawa to announce $100 million toward offshore wind projects in Nova Scotia
OTTAWA - The federal government is set to announce a $100-million commitment toward developing offshore wind energy in Nova Scotia in the hope of attracting private investment to projects like the province's Wind West plan.
HALIFAX, NS, Oct. 14, 2026 /CNW/ -- The Honourable Tim Hodgson, Minister of Energy and Natural Resources, will announce funding.
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