Government bio-fuel programs
A central question facing the provincial and federal Governments of Canada, as well as its residents is how to re-vitalize the rural economy? Both the federal and provincial governments have shown their support for the bio-fuels industry with financial initiatives to aid in development. The Saskatchewan government recently announced a financial initiative to stimulate smaller scale producer-owned bio-fuels facilities in order to facilitate rural revitalization. SASKBIO is a four-year, $80 million provincial program that provides repayable contributions of up to $10 million per project. An additional $2 million will also be provided for bio-fuels and bio-products research and development.

ecoENERGY for Biofuels, a federally funded program available for application beginning April 1, 2008, will invest up to $1.5 billion over 9 years to boost Canada's production of renewable fuels such as ethanol and biodiesel. As a key element of the government's comprehensive strategy on renewable fuels, this program will make investment in production facilities more attractive by partially offsetting the risk associated with fluctuating feedstock and fuel prices.

ecoAgriculture Biofuels Capital Initiative (ecoABC) is a $200 million multi-year federal government initiative which provides repayable contributions for the construction or expansion of transportation biofuel production facilities. Funding for this program ends March 31, 2011. ecoABC is designed to utilize agricultural producer investment at to generate producer participation in the biofuels industry through equity investment or ownership in biofuels production facilities.