Media Releases

Ontario Climate Change Action Plan to benefit Toronto’s social housing

6/2016 - Ontario’s new Climate Change Action Plan will include $900 million for energy efficiency retrofits in social housing and private apartments. TAF and TCHC welcome the investment as it will improve living conditions for residents, reduce emissions, and lower utility costs for social housing providers.

Province makes historic $17 Million Atmospheric Fund contribution

2/2016 - TAF reacts to the Ontario government's announcement to invest $17 million to expand the Toronto Atmospheric Fund (TAF) endowment as part of the 2016 provincial budget.

TAF financing facilitates better-than-code Windmill Developments Condo

11/2015 - The recently completed Cathedral Hill condo and townhouse project by Windmill Development Group is 43 per cent more energy efficient than the Ontario Building Code. This was made possible by innovative financing provided by The Atmospheric Fund (TAF).

TAF, Toronto Community Housing launch $4.2 million TowerWise retrofit project

9/2015 - Seven Toronto Community Housing buildings will see renewal through TAF's TowerWise energy efficiency retrofit program. Through equipment upgrades, energy and water use will be reduced, saving operating costs while increasing comfort and indoor air quality for residents.

New financing company set to invest $100M in energy efficiency

4/2015 - TAF has just launched its first for-profit social enterprise, Efficiency Capital Corporation. The new entity is dedicated to financing debt-free energy efficiency retrofits of large buildings for homeowners. The business model is based on TAF's innovative ESPA financing tool.

Energi develops first Canadian energy savings warranty

3/2014 - TAF is partnering with Energi, a leading provider of risk management and insurance programs for the energy industry, on an innovative new warranty for energy savings agreements. This enables TAF to conclude energy performance agreements to finance energy efficiency retrofits, for example with Robert Cooke Co-op.

It’s time for action on public transit

3/2014 - On the heels of new research by the Pembina Institute, Move the GTHA is putting pressure on regional politicians to make clear commitments to fund public transit. Instead of vague statements, residents across the Greater Toronto and Hamilton Area deserve concrete funding plans to reduce congestion and air pollution.

Making money by reducing emissions: The dual power of impact investment

10/2014 - Equipped with $27 million in dedicated endowment funding, TAF invests in a broad range of climate solutions to bring down Toronto's carbon emissions. Our media backgrounder highlights our recent investments and how they are paying off - both financially and through lower emissions.

TAF recognized for role in shutting down coal plants

2/2014 - TAF recently got honoured by the Ontario Clean Air Alliance for its critical role in bringing about the Ontario coal phase-out. TAF supported the OCAA-led push to close the coal plants with eight grants totaling $400,00. The successful campaign led to the shutdown of all coal-fired plants in Ontario, savings millions of tons of carbon emissions and drastically improving air quality for Ontarians.

First Green Condo Loan proves green buildings are profitable

5/2014 - Thanks to financing by TAF, the Nuvo II condo tower in Etobicoke was built with a slew of energy efficiency measures in place. The result: 41 per cent lower energy costs compared to its conventional sister building. Two years ahead of schedule, developer Tridel paid the Green Condo Loan back to TAF.

Politicians to tackle traffic woes

4/2014 - Aa majority of residents in the Greater Toronto and Hamilton Area (GTHA) say they are more likely to vote for politicians who support new, dedicated dollars to get us moving. The good news: politicians from across the region have taken a pledge to just that in office. CivicAction and Move the GTHA, of which TAF is a member, present the survey and pledge results in this news release.

Public support growing for investment in transportation infrastructure

4/2014 - Move the GTHA, a coalition of organizations from across the Greater Toronto and Hamilton Area that includes TAF, has published a new survey. The result: residents across the region overwhelmingly want politicians to invest more in transportation infrastructure to reduce gridlock.