April 25, 2019 – Burlington, Ontario – Agriculture and Agri-Food Canada
The Canadian bioeconomy is an exciting opportunity for farmers, generating more than $4 billion in sales each year.
Today, Marie-Claude Bibeau, Minister of Agriculture and Agri-Food and Karina Gould, Minister of Democratic Institutions were at Ecosynthetix in Burlington to announce a federal investment of up to $11.2 million to the Bioproducts Cluster under the Canadian Agricultural Partnership. The cluster, led by Bioindustrial Innovation Canada, will include an additional $10.9 million in contributions from industry, for a total investment of $22.1 million.
The cluster will support cutting-edge research to develop new applications for farm crops and residues; from energy, to chemicals, to industrial products. One of the projects that will be supported includes an investment of up to $2 million to Ecosynthetix, a renewable chemicals company specializing in bio-based materials, to develop new green resins for adhesive binders in wood products. This could potentially benefit the environment by providing the construction industry with a greener building product.
The goal is to provide alternatives to non-renewable based materials that will help meet Canada's commitment to reducing Greenhouse Gas (GHG) emissions and shift towards a renewable-based economy.
"Our Government is proud to support the growth of the agricultural bioeconomy and to provide added value to the agricultural sector by helping create more bio-based products and opening alternative markets for Canadian farmers. Supporting cutting-edge research and investing in this project will help reduce harmful emissions, provide new opportunities for farmers, drive good jobs and grow the clean economy."
- Marie-Claude Bibeau, Minister of Agriculture and Agri-Food "Ecosynthetix is an important partner in Canada's transition to a more sustainable, low-carbon economy. As a leader in biochemical innovation, they continue to provide opportunities for job growth and economic development here in southern Ontario, while creating new markets for Canada's farmers."
- Karina Gould, Minister of Democratic Institutions and Member of Parliament for Burlington