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Four Start-Ups Selected for Latest GreenShoots Program

Guelph/Halifax,  — Bioenterprise Canada CorporationGreenspring Bioinnovation Hub and Invest Nova Scotia are announcing the companies selected for their latest GreenShoots program intake. Each start-up receives up to $40,000 and business guidance from seasoned professionals to put their plans into action.

This is the nineth cohort for GreenShoots, an initiative launched in 2020 to support early-stage Nova Scotia companies focused on innovation in agriculture, food, bioproducts, clean technology, and related sectors.

Below are the four start-ups selected for GreenShoots this round.

Aeon Blue – Lark Meadow, Deóis (Yoshi) Ua – Sydney
Technology using wind energy, seawater, and captured carbon dioxide from air to make cost-efficient electrofuel

Altheda Wellness – Chris MacLean, Melanie Kelly, Peter Ford, Matthew Allain – Halifax
A natural product innovation company, researching and developing novel nutraceuticals to promote healthy aging 

GC Lipid Technologies – Brandon and Dilan Jaunky – Sydney
Enhanced microalgae as a multifunctional ingredient for sustainable fish feed 

PhyCo Technologies – Ranah Chavoshi and Dr. Stacey Goldberg – Sydney
Sustainable plastic alternatives from seaweed that are home compostable and non-toxic 

Source : Bioenterprises.ca

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Canada reaches tariff deal with China on canola, electric vehicles

Video: Canada reaches tariff deal with China on canola, electric vehicles

Canada has reached a deal with China to increase the limit of imports of Chinese electric vehicles (EVs) in exchange for Beijing dropping tariffs on agricultural products, such as canola, Prime Minister Mark Carney said on Friday.

The tariffs on canola are dropping to 15 per cent starting on March 1. In exchange for dropping duties on agricultural products, Carney is allowing 49,000 Chinese EVs to be exported to Canada.

Carney described it as a “preliminary but landmark” agreement to remove trade barriers and reduce tariffs, part of a broader strategic partnership with China.