Canada to invest up to $63.3M in Braya Renewable Fuels

In Canada, the Government of Canada is helping businesses and workers across the country seize the economic opportunities associated with the global drive for clean growth.

The Honourable Jonathan Wilkinson, Minister of Natural Resources, and the Honourable Seamus O’Regan, Minister of Labour, on behalf of the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced up to C$86 million in federal investments, subject to final negotiations, to convert the oil refinery in Come By Chance, Newfoundland and Labrador, into a world-class renewable diesel facility

The federal support will enable Braya Renewable Fuels to commercialize its production of renewable diesel and sustainable aviation fuel. When completed later this year, the project is expected to sustain 200 full-time jobs while creating 800 local jobs during its construction.