The study includes the estimated economic impact of 2020 (baseline) biofuels production along with the projected (2030) economic impacts of additional biofuels production capacity based on two scenarios of lower and higher buildouts. Economic impacts are presented for the full study area (British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, and Quebec) as well the western (British Columbia, Alberta, Saskatchewan, and Manitoba) and central (Ontario and Quebec) regions individually. All results are shown in 2020 Canadian dollars. Inputs used in developing the economic impact models included baseline and projected production levels, revenue, and employment, as well as detailed industry spending for each biofuel type.
Haynes, Monica; Grensing, Gina; Brand, Nathan; Thorsgard, Haakan.
Economic Impact of Current and 10-year Projections of Biofuels Production in Canada.
University of Minnesota Duluth.
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