Enerkem Inc. recently closed a new round of financing worth nearly $54 million and among the new investors are Waste Management and Cycle Capital, two major players in the clean tech energy space, advancing the Montreal company’s waste-to-biofuels strategy.

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Canada Post has ordered five Balance Hybrid Electric delivery trucks from Azure Dynamics Corp. part of a move by the Crown corp to replace 3,000 aging vehicles with more fuel efficient ones over the next five years.

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