Budget Promises
http://www.budget.gc.ca/2007/bp/bpc3e.html#fuels
In the 2007 budget the federal government pledged an investment of $2 billion over seven years to build Canada’s renewable fuel production capacity.
Up to $1.5 billion is earmarked for operating incentives to producers of renewable alternatives to gasoline and diesel such as ethanol and biodiesel. A further $500 million will go to next-generation renewable fuels, which are produced from agricultural and wood waste products such as straw or wood residue.
Recent Biofuels Announcements
http://www.agr.gc.ca/cb/index_e.php?s1=n&s2=2006&page=n61220
In December 2006, the federal government announced support of a national renewable fuel strategy calling for a 5% renewable fuel standard in all Canadian fuel, including a 2% mandate for renewables in diesel by 2012.
The announcement included a promise to regulate the use of renewable fuels in Canada and deliver $345 million to assist farmers and rural communities to seize new market opportunities in the agricultural bioproducts sector.