Premier Helps Officially Open Canada's Largest Ethanol Plant
New Suncor Facility Means More Jobs, Opportunities for Ontario Families
Ontario Premier Dalton McGuinty today helped officially open Suncor's new ethanol plant, which will help attract investment, create jobs and lead to a cleaner environment for Ontario families.
"The start of production at this world-class facility marks a major step forward for Ontario's emerging ethanol industry," said Premier McGuinty. "It will attract investment, create jobs and open up new markets for our farmers."
The St. Clair Ethanol Plant is the largest ethanol production facility in Canada with an expected production volume of 200 million litres per year. The plant has 38 full-time employees and is expected to use 20 million bushels of corn per year, creating ongoing opportunities for corn growers.
The plant has been supported by the signing of the Ethanol Manufacturer's Agreement between Ontario and Suncor. Designed to provide a stable environment for investment in ethanol, the agreement will provide the Suncor plant with a projected $36 million over the next three years.
The government is encouraging the construction of more ethanol plants in Ontario by investing up to $520 million in the 12-year Ontario Ethanol Growth Fund. The fund supports ethanol producers and independent retailers selling ethanol blends and promotes research and innovation.
The McGuinty government is also committed to reducing greenhouse gas emissions by increasing the use of ethanol in gasoline. In November 2004, the government announced a Renewable Fuels Standard, requiring an average of five per cent ethanol in all gasoline sold in Ontario by January 1, 2007.
"The growth of Ontario's ethanol industry is bringing exciting new opportunities to our rural communities," said Leona Dombrowsky, Minister of Agriculture, Food and Rural Affairs. "Our ethanol plan is part of our strategy to help farmers innovate, pursue new markets and stabilize their incomes so they can prosper."
"Suncor's new ethanol plant here in Sarnia is great news for families in this community," said Caroline Di Cocco, MPP for Sarnia-Lambton. "It will strengthen the local economy and bring unprecedented investment to the area."
Investing in alternative fuels is just one way the McGuinty government is working on the side of businesses and families to strengthen Ontario's economy.
Other initiatives include:
- Encouraging strong job creation, with more than 283,000 net new jobs since taking office
- Helping to generate almost $7 billion in automotive investments that retain and create thousands of high-value jobs
- Launching a $500-million Advanced Manufacturing Investment Strategy to help manufacturers develop cutting-edge technologies.
"By supporting the production of ethanol in Ontario, we're helping to make Ontario a world leader in the bio-fuels industry," said Premier McGuinty. "We're going to continue working with our industry partners to ensure Ontario remains the best place to invest in the years to come."