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PacifiCan announces launch of new pilot aimed at helping B.C. businesses realize their growth ambitions

 British Columbians are known for their entrepreneurial spirit. As B.C. businesses grow, they generate jobs, drive exports, and bolster the economy. However, many businesses with growth ambitions lack access to the critical supports they need to help them achieve their full potential.

PacifiCan announces launch of new pilot aimed at helping B.C. businesses realize their growth ambitions (CNW Group/Pacific Economic Development Canada)
PacifiCan announces launch of new pilot aimed at helping B.C. businesses realize their growth ambitions (CNW Group/Pacific Economic Development Canada)
Today, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan) announced the launch of PacifiCan's Business Acceleration Pilot. This pilot aims to increase the number of medium- and large-sized businesses operating in B.C. by working with partners to accelerate the growth of existing small- and medium-sized businesses.

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Tax credit program attracts investment by biofuels company

Video: Tax credit program attracts investment by biofuels company

Canary Biofuels has qualified for a $1.7-million tax credit under Alberta’s Agri-Processing Investment Tax Credit program for constructing a cold press oilseed crushing plant in Lethbridge. The company is investing $18 million in the project that is expected to create 40 permanent and 25 temporary jobs, process 200,000 tonnes of seed per year and produce value-added products such as canola oil and meal. This is just the latest example of how the province is attracting job-creating investment to diversify Alberta’s economy.