Revving up Canada’s energy independence: why biofuels incentives are vital

Canada has enormous potential to be global leader in biofuels production, but it has to compete with the tax credits being offered south of the border by the U.S.'s Inflation Reduction Act.

Energy and Natural Resources Minister Jonathan Wilkinson pictured in the House of Commons foyer on Nov. 7. The Canadian Fuels Association is calling for a biofuels Investment Tax Credit so Canada can compete with the U.S. to attract investment and scale up domestic production, writes Bob Larocque.The Hill Times photograph by Andrew Meade

Opinion

BY BOB LAROCQUE

November 16, 2023

Last month, Tidewater Renewables Limited began producing renewable diesel at its renewable hydrogen production facility in Prince George, B.C., becoming the first Canadian company to produce made-in-Canada renewable diesel. This innovative project will create r...

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