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Green Municipal Fund

Government of Canada and FCM support energy retrofit of London’s Canada Games Aquatics Centre (06/02/2015)

London’s Aquatic Centre

London's Canada Games Aquatic Centre

London, ON — The Honourable Ed Holder, Minister of State (Science and Technology) and Member of Parliament for London West, on behalf of the Honourable Greg Rickford, Canada's Minister of Natural Resources and Minister for the Federal Economic Development Initiative for Northern Ontario, along with Brad Woodside, President of the Federation of Canadian Municipalities (FCM) and Mayor of the City of Fredericton, New Brunswick, today announced Green Municipal Fund™ (GMF) loan and grant contributions totalling $3,352,800 for the City of London. The funding will be used toward the financing of the sophisticated and efficient HVAC (heating, ventilating and air conditioning) and lighting systems for its Canada Games Aquatics Centre. The facility was built for the 1991 Canada Games and has hosted 8.5 million users since it opened. 

"Our Government is proud to have supported improvements to the Canada Games Aquatic Centre for Londoners through the federal Green Municipal Fund" said Minister Holder. "As a result, hundreds of families can continue to lead healthy lifestyles by benefitting from the recreational programs offered here. Our government will continue to partner with the City of London on projects that create jobs, opportunities and improve the quality of life of Londoners." 

"The Green Municipal Fund offers a range of resources and services that specifically addresses the sustainable community development needs of municipal governments," said Mr. Woodside. "The financing and knowledge provided by the Fund support the development of communities that are more environmentally, socially and economically sustainable. London has shown itself to be a leader when it comes to sustainability. So I think it's fitting that, from February 10-12, London will host FCM's 2015 Sustainable Communities Conference."

Energy management consultants estimated that redesigning the existing HVAC and lighting systems would reduce the facility's total energy consumption by 41 per cent and cut utility costs by $113,610 in the first year.
The $3,352,800 includes a loan of $3,048,000 and a grant of $304,800. The loan replaces the financing the City had secured to pay for the project, providing a reduced interest and further cost savings to the City.

"Working with our federal and FCM partners, we have reduced the project cost for taxpayers and have introduced new, environmentally friendly, facility upgrades that deliver both financial savings and reduced energy consumption," said London mayor Matt Brown. "Working together, we can continue to deliver on projects that will improve the lives of Londoners."

The Government of Canada endowed the Federation of Canadian Municipalities with $550 million to establish the Green Municipal Fund™. The Fund supports partnerships and leveraging of both public and private-sector funding to reach higher standards of air, water and soil quality, and climate protection.

FCM has been the national voice of municipal governments since 1901. It fosters the development of sustainable communities to improve quality of life by promoting strong, effective, and accountable municipal government.

Green Municipal Fund London Canada Government of Canada
Page Updated: 06/02/2015