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Hamilton biofuels company receives federal funding

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HAMILTON, ON — Hamilton’s BIOX facility will receive up to $72.4 million to support the production of biodiesel, thanks to an investment by the Government of Canada. This investment is provided through the ecoENERGY for Biofuels program, which works to help stabilize the Canadian renewable fuel industry.

Minister of Natural Resources Lisa Raitt was joined at today’s announcement by David Sweet, MP for Ancaster–Dundas–Flamborough–Westdale, and Tim Haig, President and CEO of BIOX Canada Ltd.

Through the ecoENERGY for Biofuels program, the Government of Canada will invest up to $1.5 billion over nine years to encourage the development of a strong, competitive renewable fuels industry in Canada.

"This announcement today is ensuring new, green, sustainable manufacturing jobs are being created right here at home," said Haig. "Clean-burning renewable fuels such as biodiesel significantly reduce harmful greenhouse gas emissions and finally give drivers a choice at the fuel pump. BIOX is proud to be a world-leader in advanced biodiesel production, and proud to help Canada grow beyond oil."


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