Winnipeg Free Press

Winnipeg Free Press (Newspaper) - August 17, 2006, Winnipeg, Manitoba Lqqlshj?v3uhplhuh b5 cops do thursday August 17, 2006 hang out at the store relaxed atmosphere at new warehouse one business re frus Rudh Qaq Fth dog Thuy Luhv Foo Xiv do business b6 re Al vow Rhu Zhe Vlah Zzz mrs ads Lido Fri editor Steve Pona 697-7292 i Market details b7 i i up tax 12,030.25 53.10 Dow 11,327.12 96.86 Nash a 2,149.54 34.53 Dollar 89.47? . 0.45?. Oil $71.90barrel 1.16barrel Gold $628.70troy of 6.20troy of Ken Gigliotti / Winnipeg free press Farmer Wayne Edie holds newly harvested canola that he and fellow investors plan to turn into diesel fuel. Behind him Are partners Dick Vlaming left and Garth Kristiansen. Sow canola reap diesel fuel Springfield investors get licence to build Plant by Larry Kusch s Springfield Farmer Wayne Edie is harvesting canola this week and making plans to turn that crop into a fuel that will run his tractor and big trucks across North America. Edie and several other local investors have received an environmental licence to build a Bio diesel Plant East of the flood Way at the Junction of highways 15 and 207. Construction of the Prairie Gold Bio diesel Plant which would produce 114 million litres of Bio diesel a year and employ 30 full time workers is set to begin next year. Edie sees the fledgling Bio diesel Indus try As an economic engine that could pro vide a Market for Farmers crops employment for Rural communities and a locally produced fuel that would make communities less dependent on Oil. It keeps the jobs in Canada Edie said in an interview yesterday. The crops that the Farmers Are grow ing right now Are Worth nothing. The Rural communities Are dying. While Energy prices Are going through the Europe is the worlds largest producer of Bio diesel importing canola Oil from Canada to help it meet production needs. And tax incentives to . Fuel refiners have fuelled a burgeoning Bio diesel fuel Industry South of the Border. But the Industry has yet to get off the ground in Canada because of a Lack of government tax incentives and Legisla Tion mandating that renewable fuels make up a specific percentage of diesel fuel sold in the country. The Harper government plans to change that. The conservatives committed during the election Campaign to require five per cent renewable fuel Content on aver age in diesel fuel and gasoline by 2010. In May Federal provincial ministers met to work out some parameters of a renewable fuels strategy. Further meet Ings Are contemplated. The canola Council of Canada fears that without government action soon the North american Bio diesel Industry will largely remain South of the Border. The Council an Industry research and promotional group wants government to Send a positive signal to would be investors in Canada said Barb Isman the organizations president. Its seeking legislation that would Man Date that Canadian diesel fuel contain two per cent renewable fuels no earlier than 2010 and no later than 2012.? the reason the group is not seeking an immediate implementation is that it fears foreign competitors would get the jump on Canadian based companies in supplying the Bio diesel Market Isman said adding that it will also take time to set up the necessary infrastructure and Quality control standards. Also needed she said is a tax incentive at the fuel refinery level equal to the $1 per . Gallon that kick started the american Industry. The . Tax credit allowed the Indus try to build blending and distribution facilities and sell the product at a competitive rate. The reason in the end that we need parity on the tax treatment is to have the business set up in Canada Isman said bluntly. In addition to the proposed Prairie Gold facility East of Winnipeg another local company the Border chemical co. Ltd., recently applied for a provincial environmental licence to build a 30 Mil lion litre a year Bio diesel Plant on Gunn Road in Transcona. 2006 Carof the year. Truck of the year. Sale s e v ent our biggest sales event of the year end of the y ear investors seek tax Breaks like . Offers what is Bio diesel Bio diesel is a clean burning alternative fuel that can be produced from canola Oil soybean Oil or animal fats. Not to be confused with ethanol which is made from Corn or wheat what Are its advantages proponents say it produces fewer emissions pro motes longer engine life and reduces dependency on Fossil fuels. Who would use it the trucking Indus try Farmers and anyone else who oper ates a diesel engine. Some 850 million litres of diesel fuel is consumed in Manitoba each year. Company officials weren to immediately available for comment on the pro posed facility. An official with the conservation department said several other groups have expressed interest in building plants in Manitoba but no other formal applications for environmental licences have been made so far. The province says production in Manitoba is limited to a few Small pre com to 2006 what is government doing to encourage its use Ottawa has promised to legislate the use of a minimum of five per cent renewable fuels on average in Canadian gasoline and diesel by 2010, although no specific targets has been set for Bio diesel. The province announced last fall it would no longer collect its 11.5 cent a litre Road tax on Bio diesel. What is Industry seeking Large scale operators Are seeking tax incentives on Par with those offered in the . To build production plants in Canada. Mercial Bio diesel facilities primarily on farms. They Supply their own fuel needs and perhaps those of their neigh Bours. 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