Feds give financial boost to biofuel sector amid growing U.S. competition
Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations.
![Feds give financial boost to biofuel sector amid growing U.S. competition](https://i.cbc.ca/1.6891891.1687984541!/fileImage/httpImage/image.jpeg_gen/derivatives/16x9_620/gas-pumps.jpeg)
![Ethanol has been blended in gasoline for many years in different parts of the country, but it's use may increase as companies comply with the new federal clean fuel regulation. Prices are shown for different types of gasoline at a fuelling station.](https://i.cbc.ca/1.6891891.1687984541!/fileImage/httpImage/image.jpeg_gen/derivatives/16x9_620/gas-pumps.jpeg)
Canada’s biofuel industry is welcoming a proposed multi-billion dollar package of financial support from the federal government, although concerns remain about whether it will be enough to compete with lucrative subsidies south of the border and reverse the growing dependence on U.S. imports to meet clean fuel regulations.