Government Of Canada Gives $3.9m Boost To Biofuels In Ontario
March 28, 2008

AYLMER, Ontario – The Government of Canada is working hard to provide all Canadians with technological advances that protect our environment and boost our economy. Mr. Joe Preston, Member of Parliament for Elgin–Middlesex—London, on behalf of the Honourable Gerry Ritz, Minister of Agriculture and Agri-Food and Minister for the Canadian Wheat Board, today announced nearly $4 million in funding under the federal ecoAgriculture Biofuels Capital (ecoABC) initiative for IGPC Ethanol Inc., a subsidiary of the Integrated Grain Processors Co-operative, in Aylmer, Ontario.

“The Government of Canada is committed to biofuels production,” said Mr. Preston. “Biofuels not only offer new markets for farmers, but new jobs for our cities and towns, and a new source of cleaner renewable energy.”

The 150 million litre ethanol plant, expected to be completed this November, has also received equity investment from farmers totalling close to $15.5 million. In addition to ethanol, the plant will produce distillers’ dried grains with solubles and distillers wet grains, sources of protein for dairy and beef cows, hogs and poultry, and carbon dioxide for use in carbonated beverages, freezing foods and making chemicals. This is the third ethanol plant funded under the ecoABC initiative and its opening is expected to create 35 new jobs in the region.

“We are very grateful for the federal government’s support for our project,” said IGPC chairman, Tom Cox. “And we are excited about possible spin-off benefits for the entire agricultural sector.”

The ecoABC initiative was launched by the Government of Canada in April 2007. The initiative is part of the comprehensive Government of Canada renewable fuels strategy that focuses on increasing the demand for renewable fuels through regulation, expanding production capacity in Canada by offering an operating incentive, assisting farmers to participate in this sector of the economy and accelerating the commercialization of new technologies.

More information on AAFC’s ecoABC program is available online at www.agr.gc.ca/ecoabc.