Alberta coal: Federal funding ‘will help’ communities affected by industry shift [Video]

Coal is on its way out as an energy source — and as a source of jobs — in Alberta, and funding to help the places affected by shift to other industries is on its way.

Ottawa on Wednesday pledged more than $39 million through two federal initiatives to help Alberta communities shift from using coal as an economic driver to other industries.

The $39.4 million in funding through PrairiesCan, a federal department that promotes economic development in the region, will be used for 10 projects in areas across Alberta affected by the transition away from coal mining.