Budget 2024 is critical to the future of made-in-Canada biofuel projects

Canada has enormous potential to be a global leader in biofuels production.

Natural Resources and Energy Minister Jonathan Wilkinson. Billions of dollars in investment could be lost and Canada’s energy security could significantly be impacted without support in the 2024 federal budget, writes Bob Larocque. The Hill Times photograph by Andrew Meade

Opinion

BY BOB LAROCQUE

April 1, 2024

On February 28, the Atlantic Economic Council released a report which outlined that the implementation of the Inflation Reduction Act in the United States poses a risk to Canada’s competitiveness for investment in domestic biofuel solutions. The Canadian Fuels Association ...

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