Sustainable Development Technology Canada

Sustainable Development Technology Canada

September 30, 2010 11:37 ET

SDTC Congratulates New Governor General David Johnston on his Appointment

OTTAWA, ONTARIO--(Marketwire - Sept. 30, 2010) - Sustainable Development Technology Canada (SDTC) today congratulated former SDTC Director David Johnston on his appointment as Canada's newest Governor General.

"On behalf of SDTC and its Board of Directors, I would like to congratulate David Johnston and wish him the very best in his new and very special role with Canadians," said SDTC Chairman Juergen Puetter. "David Johnston's distinguished career has seen him be a champion for innovation and technology and he has been an important catalyst for moving Canada to a green economy with a growing clean technology sector."

David Johnston served as a Director for SDTC, an arm's-length, not-for-profit corporation created by the Government of Canada that supports the development and demonstration of clean technologies, from 2002 to 2010.

"For more than 8 years, SDTC saw first-hand the energy and leadership that characterizes David Johnston's commitment to making Canada a technology leader," said Dr. Vicky Sharpe, President and CEO of SDTC. "As our new Governor General, we know that he will continue to inspire and challenge Canadians in all walks of life to be the best we can be".

SDTC's SD Tech Fund™ has completed sixteen funding rounds, committing $478 million to 195 clean technology projects, and leveraging $1.2 billion from project consortia members. SDTC has a total portfolio value of over $1.6 billion.

About SDTC

Sustainable Development Technology Canada (SDTC) is an arm's-length foundation created by the Government of Canada which has received $1.05 billion as part of the Government's commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.

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