b'and the anticipated life of the projectand economic development programssignificant step forward for the province will be 30 years, from 2027 to 2057.during the life of the project. and the Selkirk community.This will be a generational time frameMOVING FORWARD This is the largest project that has been for the entire project, says Leroux. ItLeroux is confident that the productionproposed for the Selkirk community will provide long-term and meaningfulof solar glass in Selkirk can competein more than 100 years, says Leroux. employment for hundreds with off-shore suppliers from ChinaHaving received the federal and of employees. and other Asian countries becauseprovincial indications of financial CPS has received Environmental Actof the proximity of Selkirk to the U.S.support, we can advance our project Licenses from the Province of Manitobamarket, ownership of the low-iron sandfinancing initiative with the goal of for both the extraction and processingsupply and access to relatively cheapputting shovels in the ground in 2025.of the silica sand and the constructionenergy sources. Both Manitoba Premier and operation of the Selkirk solarWab Kinew and Selkirk Mayor LarryVisit cpsglass.com/selkirk-project for glass manufacturing facility. TheJohannson see this green project as amore information on this project.Wanipigow sand extraction will take place on Hollow Water First Nation traditional lands. CPS has participation agreements in place with Hollow Water and the community of Seymourville that include commitments to environmentalDAWSON RD. N.oversight and economic participation inDREAM IT. BUILD IT.the project.SPEERS RD. LAGIMODIRE BLVD.Operationally, the new Selkirk plantMAGINOT ST.will process Manitoba silica sand from Wanipigow to produce 800 tonnes perELIZABETH RD.day of low-carbon, ultra-high-clarity solar glass. The glass will be used to make solar panels across North America and reduce the need to import the glass from foreign sources.FINANCING: THE KEY CHALLENGEThe main challenge in moving forward with this project is finding motivated investors who want to get involvedADVICE YOU CAN TRUST, SERVICE YOU CAN COUNT ON. in this type of project, says Leroux.STAR OFFERS EVERYONE THE SAME EXPERT ADVICE MANITOBA HOME BUILDERS AND In September, CPS secured fundingCONTRACTORS HAVE RELIED ON FOR DECADES. 1-888-STARWPG (782-7974) OR 204-233-8687 NEW! SHOP ONLINE AT pledges from the federal and provincial16 SPEERS ROAD, WINNIPEG MON-FRI: 7AM - 5PM STARBUILDING.CAgovernments for financial support equalling around $272 million.This proposed funding is structuredas follows:a)Provincial non-dilutive financialsupport equalling $72 million, a $32-million investment in road infrastructure at Wanipigow that Environmentally Friendlyreduces project capital costs and a $40-million low-interest loan;Low Maintenanceb)Federal non-dilutive financialLow Thermal Conductivitysupport equalling $100 million; andc)Access to the federal Indigenous Energy Efficient Loan Guarantee Program for up to $100 million.Funding from the Indigenous LoanWe are located at:Guarantee Program provides the potential to facilitate a meaningful1450 Wall Street, Winnipeg MBownership position in the CPS project for participating Indigenous groups, according to CPS. The company alsowww.silexfiberglass.com PH: 204.788.0648qualifies for provincial tax incentives Issue 4 | Winter Edition | 2024 / 2025 BUILD MANITOBA 43'