Financial assistance for commercial and institutional buildings

To help implement ISO 50001 in commercial and institutional buildings in 2021-22, Natural Resources Canada (NRCan) provides financial assistance up to 60% of eligible costs for for-profit organizations and up to 75% of eligible costs for not-for-profit organizations to a maximum of $40,000 per facility. The maximum contribution to an organization or group of affiliates is $200,000 per fiscal year (April 1 to March 31). For a multi-building project proposal, the parent organization is responsible for allocating NRCan’s proposed contribution among qualifying buildings up to the maximum allowable combined funding limit.

The ISO 50001 Energy Management Systems Standard is an internationally recognized voluntary standard that gives organizations a structured framework to improve energy performance by making better use of energy-intensive assets. Organizations that have implemented ISO 50001 have reduced energy costs and increased competitiveness while minimizing greenhouse gas (GHG) emissions and other environmental impacts.

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