Major funding announcement for Sarnia-based Bioindustrial Innovation Canada
Member of Parliament for London North Centre, Peter Fragiskatos, was in Sarnia Monday on behalf of the agriculture minister to announce a sizable donation to Bioindustrial Innovation Canada (BIC).
"$6.6 million announcement on behalf of the federal government to support the very, very vital work done by BIC,” said Fragiskatos.
The money will go toward research with a focus on sustainability and supporting the reduction of greenhouse gas emissions.
The federal government says it will also provide new opportunities for farmers to profit from agricultural by-products that would otherwise go to waste.
"The general idea would be that by utilizing, whether it's an agricultural residue or a by-product or something that would otherwise be a low to no value stream, from a farm or from a food production facility, being able to take that material…and process it in various ways,” explained Michael Faba, BIC project manager.
Sarnia Mayor Mike Bradley welcomed the investment and said it ratifies the decision to purchase innovation park back in 2003.
“While we have an existing industry that’s strong and we continue to support it, the industry itself is saying we need to move into these other areas...[it] shows a cluster of cooperation in the collaborative nature of the community. You got business, labor, First Nations working together to create jobs and a green environment. No one loses from that,” said Bradley.
BIC said an additional $6.5 million will be coming from industrial partners and other sources to support the overall project.
CTVNews.ca Top Stories
![](https://www.ctvnews.ca/polopoly_fs/1.7006831.1724127264!/httpImage/image.jpg_gen/derivatives/landscape_800/image.jpg)
'America, I love you': Biden caps off night one of Democratic National Convention
U.S. President Joe Biden delivered his valedictory address to the Democratic National Convention on Monday night, as his decision to end his re-election bid released newfound energy within his party with Vice-President Kamala Harris′ elevation to the top of the ticket.
Protesters break through police fence near site of Democratic National Convention
Protesters broke through a fence set up by police near the site of the Democratic National Convention on its opening day Monday as thousands took to the streets to voice their opposition to the war in Gaza.
Donald Trump posts image of fake Taylor Swift endorsement
Former U.S. president Donald Trump has posted a fake social media image of pop superstar Taylor Swift asking people to vote for him in the November election.
Tories delete Canadian dream video featuring what Liberals say are Russian jets
The Conservative Party of Canada has deleted a video that promoted Canadian values but featured what the Defence Minister's office says are Russian fighter jets.
'The lady's dog might have been dead': Cambridge bylaws in question following serious dog attack
A Cambridge woman is calling for action after her dog was attacked by two off-leash dogs late last month.
Youth charged after shooting in rural Sask. leaves woman, 18, dead
Saskatchewan RCMP say a male youth from Carry the Kettle Nakoda Nation is facing 10 charges, including manslaughter, after an 18-year-old woman was shot dead in Wolseley, Sask. early Sunday morning.
Statistics Canada says median family after-tax income in 2022 down after inflation
Statistics Canada says the median family after-tax income in 2022 fell compared with 2021, after adjustment for inflation, with young people being the hardest hit.
Liberals, U.S. embassy, some civil servants withdraw from Ottawa Pride parade over pro-Palestinian stance
The Liberal Party of Canada is the latest major group to withdraw from the annual Ottawa Pride parade after organizers pledged solidarity with Palestinians in a statement earlier this month. The federal political party's decision comes as some embassies, civil servants, and local organizations pulled out of the event amid the controversy.
Canada 'starting from a very good position' with Harris-Walz ticket, ambassador says
Speaking from the Democratic National Convention in Chicago on Monday, the Canadian ambassador to the United States says Canada is 'starting from a very good position' with the Democrats’ presidential ticket of Kamala Harris and Tim Walz.