Grants and Contributions:

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Title:

Ascent Logistics Ltd. - Retrofit Grant.

Agreement Number:

GFP-0162

Agreement Value:

$21,831.00

Agreement Date:

Jun 20, 2024 - Mar 31, 2025

Description:

This project assists Canadian carriers to implement improvements to their fleet to lower fuel costs and reduce greenhouse gas emissions.

Organization:

Natural Resources Canada

Expected Results:

The expected result is an increased investment in fuel reduction equipment and improved operational efficiency of the freight transportation industry.

Location:

CALGARY, Alberta, CA T3Z 3N5

Reference Number:

115-2024-2025-Q1-15418

Agreement Type:

Grant

Report Type:

Grants and Contributions

Recipient Type:

For-profit organization

Recipient's Legal Name:

ASCENT LOGISTICS LTD

Program:

Green Freight Program

Program Purpose:

Programming using contributions to support Clean Fuels, Transportation and Industry will help deliver on the policy objective enabling energy transition, as a key component of achieving Canada’s climate change objectives, and path to net-zero. Specifically, programming fosters greater energy efficient and electrification of transportation, as well as growing the production, and end-use of clean fuels in two essential sectors of the economy – transportation and industry.This programming also supports implementation of key policy objectives, including implementing the Clean Fuels Regulations, complementing enhanced carbon pricing, more stringent vehicle and industry emission standards, all laying the foundation to be net-zero by 2050.