Released on September 3, 2010
Enterprise Saskatchewan Minister Jeremy Harrison announced the provincial government will continue to operate the Ethanol Grant Program (EGP) under current criteria until a scheduled comprehensive review of the program is completed in 2012.
"This will help Saskatchewan ethanol producers by providing stability and reliability while also ensuring local jobs are maintained," Harrison said. "We have met with and listened to the concerns of our ethanol industry."
In the 2010-2011 provincial budget, the government considered harmonizing the EGP with new federal programming. Through consultation, the industry noted this might have resulted in less market access for small ethanol producers, and could have potentially jeopardized their viability.
"The ethanol industry is an important economic driver in Saskatchewan, especially in rural areas, and the Ethanol Grant Program is important to our overall success," Pound-maker Agventures Ltd. President Brad Wildeman said. "We are pleased the provincial government is working with the industry and is continuing with this program."
The existing program will continue until a review of the legislation in 2012 is completed. This will allow time for officials to work with fuel marketers and distributors, the ethanol industry, and farmers to develop predictable long-term programming beyond 2012.
The Government of Saskatchewan will provide an estimated $23 million this year in support for the ethanol industry. This is the highest level of provincial funding for the industry since the program began in 2002.
Saskatchewan's ethanol industry employs approximately 400 people (direct and in-direct) and contributes over $230 million per year to the provincial economy.
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For more information, contact:
Joanne Johnson
Enterprise Saskatchewan
Regina
Phone: 798-0503
Email: joanne.johnson@enterprisesask.ca
Brad Wildeman
Pound-maker Agventures Ltd.
Phone: 306-365-4281
Email: brad@pound-maker.ca