Absolutely. As Wayne pointed out, we have $246 million that certainly needs to be reallocated, and the commitment has been made to do that.
To my mind, if biofuels is one of the really positive initiatives that we see in this country, we need to understand that maybe the agriculture committee needs to say that we really need a commitment to biofuels, and some of that money could go towards this.
It's important that I lay out the biofuels strategy and some of the help that we'd be giving to that industry, so that we can take a look a bit later and say, well, there's $246 million that the minister has committed to producers, and maybe we need to give him some suggestions about where that should go.
The first thing the minister did was hold a biofuels round table in Ottawa, and he wanted to talk to the industry. He wanted to provide a forum, so that they could come forward with ideas on a national biofuels standard in the industry and its development. He did that; it was an important initiative.
The biggest surprise for most us when we came to power as a government was to find out that nothing had been done on this file, other than the one program to put money out to programs. There were no national standards in place, and there was no national strategy for dealing with biofuels. We were forced to start basically from square one. That's probably the main reason why the minister decided that if so, let's have a biofuel round table and bring people in from across the country. Then we can see what they want and what's important to them.
He then turned around and gave $10 million to the biofuel opportunities for producers initiative to help the business planning and feasibility studies. I suspect that a good number of the members in this room have constituents who have accessed that program. It allowed them to do feasibility studies for biofuel projects with more than one-third producer ownership.
We think that one of the important things is to encourage producer ownership in these plants as much as possible. So $10 million was given to that originally, and then this March another $10 million was given to the program, because there was enough interest in the program that we felt it was important to give extra funding.
Obviously it's important to us, and it's important to producers out there, because they showed tremendous interest in this area and in this field. When we're talking about $246 million, the producers may feel that we put some additional money in an important place.
We committed $145 million to the agricultural bioproducts innovation program, and that's a five-year program, Mr. Chair.
I think this shows that this government is looking forward, and as Mr. Bellevance said, we need a long-term plan. We're trying to plan out further into the future, so that we can establish this industry in a stable fashion.
In this program, $145 million was designed to promote research, development, technology transfer, and the commercialization of agricultural by-products, including biofuels for our country of Canada. We think it's going to benefit farmers. It's going to generate new agricultural knowledge and technology, and facilitate that transfer to those who can then commercialize those innovations.
Again we heard yesterday of the importance of this. Over the past 25 to 30 years the United States, as they developed the biofuels industry, they saw new technologies come in several different times. Even as we are sitting at this time, there are some new technologies coming forward, and we would expect that these would come into play in the new plants.
We heard yesterday that there are 116 plants already operating in the United States, and 81 more coming on stream within the next 18 months. They've made a tremendous commitment. At the office we visited, they had pictures up on the walls of many of the plants that have been set up. They're excited about this, and I think it's something that Canadian producers are excited about as well.
We also chose to announce a $200-million program to increase renewable fuel capacity, by trying to get agricultural producers involved in the construction and expansion of the industry. It's called the eco-agriculture biofuels capital initiative; ecoABC is the acronym. This is the first program that we've had where farmers have a chance to get some help with capital and the development of the construction or the expansion of these biofuels facilities. That is a great initiative. It's expected to increase capacity by up to 1.5 billion litres, if we can get producers involved in the initiative.
Biofuels in my part of the world is a big thing. I think that most of the people at this table have seen its importance. There's obviously a discussion over ethanol and biodiesel, concerning which would be the fit in particular areas across this country. But clearly it's going to develop, and we need to be part of that.