Eagle Quest Properties

As controversies over green-power projects erupt across Ontario, Ottawa is quietly leading a revolution in solar farming that will soon make the nation’s capital home to one of the largest solar-energy plants of its kind in North America.

An 80-hectare farm in West Carleton, just west of Ottawa, is about to undergo a $100-million investment that will see 300,000 silvery solar panels installed there.

Once this solar farm becomes operational at the end of the year, it’s expected to generate about 20 megawatts of electricity, enough to power 7,000 homes during peak hours. It will be Canada’s largest photovoltaic plant, one that converts sunlight directly into electricity.

via Solar farm near Ottawa gets residents’ thumbs-up.

The federal government has funnelled $300 million to train carrier CN Rail, laying the track for faster service along the congested Montreal-Ottawa-Toronto corridor.

Benefiting the most from the expansion will be private company VIA Rail, which sees around 75 per cent of its 4.5 million passenger trips along that one line.

Passenger trains commonly have to pull aside to make way for CN freight since the company owns the 539-kilometre line; this delays trips for sometimes hours.

via Ottawa Business Journal.

The federal government’s program to buy up to $125-billion in mortgages, called the Insured Mortgage Purchase Program (IMPP), worked brilliantly, and the country’s banks weathered the crisis with few major problems and no taxpayer bailout. But some analysts are wondering whether banks have been too enthusiastic about selling their loans to Ottawa – with negative implications for their future profits.

via Ottawa’s mortgage aid may cost banks – The Globe and Mail.

Drywall is causing a real stink at Ottawa’s dumps.

More than 28,000 metric tonnes of the scrapped wallboard ends up in landfills each year – from demolitions and new construction projects – decomposing and producing dangerous hydrogen sulphide gasses.

via Canadian Commercial and Residential Real Estate News.