Canadian Government Gives C$860,000 to Help Farmers Profit in Biofuels

Christian Paradis, Secretary of State for Agriculture said: "The demand for greener products is uncovering new value in agriculture and opening new market opportunities, both in crops and even in what was once considered worthless waste.

"With these projects, we are continuing to help New Brunswickers advance economic opportunities that also help the environment."

The funding announced today includes:

• $500,000 from the Atlantic Canada Opportunities Agency’s (ACOA) Business Development Program to BIO-D Énergie Inc. for the purchase and retrofitting of an existing facility to establish a biodiesel processing plant facility in Clair, New Brunswick. Eligible costs for the project include the purchase of the necessary equipment and improvements to the existing mill.
  
• $300,000 under Agriculture and Agri-Food Canada’s (AAFC) Biofuels Opportunities for Producers Initiative (BOPI) for BIO-D Énergie Inc. to further refine their production technology in order to produce biodiesel from canola and soy to meet North American standards.
  
• $61,000 for the Centre of Excellence in Agriculture and Biotechnological Sciences in Grand Falls through AAFC’s Advancing Canadian Agriculture and Agri-Food (ACAAF) program to determine the most cost-efficient technology to transform starch from waste potatoes and grain into lactic acid that can be used in biodegradable plastic and other more environmentally-friendly packaging.

"Agriculture is an important sector in Northwestern New Brunswick and we are pleased to support innovative initiatives like these projects," said Robert Thériault, a director on the New Brunswick Agricultural Council which delivers ACAAF and BOPI.

"These Agriculture and Agri-Food Canada programs are designed to be flexible and responsive and are administered by industry leaders who understand regional needs in New Brunswick."

For more information on ACAAF and BOPI, visit www.agr.gc.ca/acaaf and www.agr.gc.ca/bopi.

TheBioenergySite News Desk

Sign up for our
regular news updates

Latest Bioenergy Industry News

•   Biofuel Subsidies in China
•   CME: Crude Oil Prices Impact Livestock Production
•   €50m Set for Wind Farm Investment
•   Planning Notice for Aegir Offshore Wind Farm Submitted
•   Agreement on Viability of Mammoth Ethanol Facility
•   EPA Applauded for Biodiesel Rule in 2009
•   Type of Physic Nut to Undergo R&D
•   Sweet Potatoes Entering Biofuels Arena
•   Investments Funded in Ethanol-making Microbe
•   Sugarcane Expansion to be Restricted