Feds to provide funding for Red Deer ethanol plant

Permolex, Red Deer, Alberta

Permolex, Red Deer, Alberta

Earl Dreeshen, Member of Parliament for Red Deer, on behalf of the Honourable Lisa Raitt, Minister of Natural Resources, announced today that the Government of Canada will provide up to $23.2 million through its ecoENERGY for Biofuels program to Permolex Ltd.

“This investment is an example of how our Economic Action Plan is working for families in Red Deer,” said Mr. Dreeshen. “This will help create local jobs and economic opportunities for local businesses, both of which are more important than ever given the current global recession. In the long run, increasing our supply of cleaner fuels will also reduce greenhouse gasses and contribute a healthier environment for all Canadians.”
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