Photo: Canstock

Flow of canola oil to U.S. set to hit record in 2024

American biofuel producers in the first four months of the year imported Canadian canola oil at record pace, and the flow seems set to continue for now according to analysis from Farm Credit Canada. Canada exported nearly 1.4 million tonnes of refined and crude canola oil to the U.S. from January to April.

Renewable Industries Canada is promoting an increase to biofuel and biodiesel mandates. PHOTO: THINKSTOCK

Renewable diesel facility to run on Alberta canola

Imperial receives 12 per cent tax credit for Strathcona-based agri-processor

Reading Time: 2 minutes The Imperial Strathcona Refinery in Alberta is receiving a 12 per cent tax credit for its $720 million under-construction canola-based renewable diesel facility that is said to need millions of tonnes of canola seed per year. The credit comes from the Province of Alberta’s Agri-Processing Investment Tax Credit, which offers a 12 per cent non-refundable […] Read more