Stephen Poloz joins board of renewable gas developer OMNI – Financial Post

Former Bank of Canada governor also sits on boards of pipeline giant Enbridge and technology services firm CGI
Former Bank of Canada governor Stephen Poloz, who sits on the boards of pipeline giant Enbridge Inc. and technology services firm CGI Inc., landed another director seat.
OMNI Conversion Technologies Inc., a developer of systems that turn garbage into gases such as hydrogen, said Thursday the economist who led Canada’s monetary policy until June of last year is joining its board. Poloz will also chair the Ottawa-based company’s governance committee.
Daniel Kammen, one of the scientists in the Intergovernmental Panel on Climate Change who shared the 2007 Nobel Peace Prize, will also join OMNI’s board.
“These are people who have looked at our technology and believed in it and its utility for solving some of the problems that persist around the world,” OMNI Chief Executive Officer Jonathan Lundy said in a phone interview.
In April, OMNI sold its first commercial waste-to-hydrogen unit to process municipal garbage in California.
“We’re all rallying around the energy transition to net zero,” Poloz said in a phone interview. “This company has a real unique thing to offer to make that transition.”
Poloz is also a special adviser at business law firm Osler, Hoskin & Harcourt.
OMNI is in discussions with companies in North America, Europe and Asia, though Lundy expects many of its customers will be municipalities within the next 20 years.
Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.
A welcome email is on its way. If you don’t see it, please check your junk folder.
The next issue of Financial Post Top Stories will soon be in your inbox.
We encountered an issue signing you up. Please try again
Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful. We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. Visit our Community Guidelines for more information and details on how to adjust your email settings.
365 Bloor Street East, Toronto, Ontario, M4W 3L4
© 2021 Financial Post, a division of Postmedia Network Inc. All rights reserved. Unauthorized distribution, transmission or republication strictly prohibited.
This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Service and Privacy Policy.