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Government of Canada invests $1.8 million in green economy

SARNIA, ON, Aug.- The Minister of Agriculture and Agri-Food, the Honourable Marie-Claude Bibeau, announced today 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. This will help producers better understand the quality standards needed to market raw materials to processors, and in turn, equip processors with more information and educational tools to assure their customers that bioproducts can replace traditional materials in terms of quality and performance.

To strengthen the bioproducts industry in Canada, the project will also help scientists continue to explore plant genetics and environmental factors that could lead to the development of new crop varieties to supply bioproducts production.

Canada is playing a major role in addressing climate change. A strong bioeconomy can help by replacing non-renewable sources of fuel, energy, chemicals and industrial materials with greener alternatives, while finding new uses for waste. Bioproducts also create valuable new opportunities for Canadian farmers, with the sector generating about $4.3 billion in sales each year.

The Government of Canada is committed to taking action on climate change, with a net zero carbon emissions target for the country by 2050. It is also committed to seizing emerging economic opportunities related to that goal. Supporting the renewable resources sector is a key way the government is helping farmers make this a reality.

Source : Newswire.ca

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