Grants and Contributions:
Title:
Biofuels Production Incentive for Imperial Oil
Agreement Number:
BPI-0005
Agreement Value:
$80,400,000.00
Agreement Date:
Jul 7, 2026 - Jun 30, 2028
Description:
The purpose of this agreement is to support Imperial Oil in the production of biodiesel volumes that are eligible for funding under the Biofuels Production Incentive Program, in accordance with the program's terms and conditions and all applicable regulatory requirements.
Organization:
Natural Resources Canada
Expected Results:
This Project will help provide cost certainty and product reliability for consumers, boosting the value of Canada’s clean fuels sector.
Location:
CALGARY, Alberta, CA T2C 5N1
Reference Number:
115-2026-2027-Q2-18945
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
121461107
Recipient Type:
For-profit organization
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Amendment Date
0001-01-01T00:00:00
Recipient's Legal Name:
IMPERIAL OIL
Program:
The Biofuels Production Incentive Program
Program Purpose:
The objectives of this program are to provide an incentive to eligible facilities that produce biodiesel and renewable diesel in Canada based on production volumes, use of North American Feedstocks, and domestic offtake.
Amendments: