Potential Bio-Fuel Plant in Southwestern Ontario Explored
McGuinty Government Invests in Region's Bioeconomy
Ontario is helping the bio-fuel industry explore new opportunities that could strengthen the bio-economy in southwestern Ontario.
The province is investing $50,000 to evaluate the feasibility of constructing and operating a unique multi-oilseed plant. Local farms could potentially provide the material a new facility would require to produce bio-fuel.
The funding will help AGRIS Co-operative and Suncor Energy study alternative fuel sources in southwestern Ontario.
The funding is part of the Rural Economic Development Program which invests in community-based projects in three priority areas:
- Improved access to health care services
- Revitalized communities and downtowns
- Enhanced skills training.
- Since 2003, Ontario has invested $63 million in 192 projects through the Rural Economic Development Program
“Using innovative alternative fuel sources, we have the opportunity to build stronger, healthier and cleaner communities. This feasibility study will open up the potential of bio-fuel development in Ontario and create new jobs for our communities.”
“We are grateful to the McGuinty government for recognizing the innovative nature of this project. This project has the potential to create synergy between our organization and Suncor Energy to provide economic benefits to farmers and their communities.”