Feds invest $1.8 million in green economy

Added on 17 August 2022

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Feds invest $1.8 million in green economy

The Government of Canada has announced an investment of over $1.8 million under the AgriAssurance Program to assist Bioindustrial Innovation Canada to further develop quality standards to accelerate growth of the bioeconomy in the agriculture sector.

The bioeconomy, which is part of the green economy, is based on the production and sale of products other than foodstuffs made from agricultural, aquatic and forestry resources, or even municipal waste. This can include crops grown as alternatives to petroleum-based products, such as corn for ethanol, or using waste like stems and leaves to produce bioproducts such as packaging.

With the Government of Canada's investment, Bioindustrial Innovation Canada will work with Biomass Quality Network Canada to develop research-based standards for measuring and assessing the quality of bioproducts made from agricultural sources.