Government of Canada is investing in sustainable products for the agricultural and food services sectors
News release
Federal investment of $5 million to help reduce plastic waste and create 54 jobs
September 7, 2023 - Orillia, Ontario
Ontario manufacturers are leading the charge in the growing market for green products. Their efforts to remove plastic waste are directly in line with Canada’s priorities for a cleaner, healthier environment. Our government stands behind them with smart investments that will help them find innovative ways to produce more sustainable products and move Canada towards a zero-plastic waste future.
Today, the Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced an investment of $5 million for EcoPoly Properties Inc. (EcoPoly) to scale its Canadian-made, recyclable and biodegradable plastic products for the agricultural and food services sector, and create 54 rural skilled-jobs.
Known for its in-house plastics and paper recycling system that produces 100 percent recyclable plastic films, EcoPoly has received increased demand for its products from clients globally. FedDev Ontario’s investment will help them meet this growth, by adopting new, automated, high-speed manufacturing equipment to increase production, especially of its larger, biodegradable trash liners used by food service and agricultural firms. Through these improvements, the company will significantly reduce CO2 emissions in the manufacturing process, as well as create new market growth opportunities in Canada and the U.S.
The work this company is doing will go a long way towards reducing plastic waste and building a strong circular economy for Ontario and all of Canada. This investment will help EcoPoly reach their potential and make possibilities into realities for workers and the environment.
Quotes
“Canadians have been clear – they want to grow their local economy while ensuring a clean environment for future generations. This investment in EcoPoly Solutions will pave the way for Canadian businesses to meet the demand for products that help Canadians reduce plastic waste as we work towards a greener Canada. Our government is pleased to support organizations like this that will create good jobs for rural communities as we move toward new, innovative solutions to fight climate change.”
- The Honourable Filomena Tassi, Minister responsible for the Federal Economic Development Agency for Southern Ontario
“We are proud to be a Canadian company that has been innovating and growing since our founding in 1991. The support we have received from FedDev Ontario has been instrumental in the implementation of the next phase of our growth. The timing could not have been better and the entire process with FedDev Ontario has been tremendous from the beginning.”
- Derek Rynard, Chief Executive Officer, EcoPoly Solutions
Quick facts
-
By improving the management of plastic waste and investing in innovative solutions, Canada can reduce carbon emissions by 1.8 megatons annually, generate billions of dollars in revenue, and create approximately 42,000 jobs by 2030.
-
On June 22, 2022, the Government of Canada published the final Single-use Plastics Prohibition Regulations. Over the next decade, it is estimated that these regulations will eliminate over 1.3 million tons of hard-to-recycle plastic waste and more than 22,000 tons of plastic pollution, which is equivalent to over a million garbage bags full of litter.
-
Orillia-based EcoPoly Properties Inc. (EcoPoly) has been in operation for over 30 years and employs more than 160 full-time employees under both its EcoPoly Solutions and Polyethics brand.
-
All EcoPoly products are registered with the Biodegradable Products Institute for composability.
-
Since 2015, the Government of Canada, through FedDev Ontario, has invested over $10 million in more than 10 projects in Orillia, estimated to create over 50 jobs and maintain over 330 jobs.
-
Since 2015, the Government of Canada, through FedDev Ontario, has invested over $450 million in clean technology and green initiatives projects; clean technology aspects of these projects represent over $250 million.
-
On September 12, 2023, FedDev Ontario will be streamlining its application process to better serve southern Ontario businesses and organizations. Applications for funding will now be accepted three times per year (fall, winter and spring), with tailored application forms and streamlined funding parameters. This change will make applying for funding easier and more predictable. For more information, please visit our funding opportunities page starting Tuesday, September 12, 2023.
Associated links
Contacts
Edward Hutchinson
Press Secretary
Office of the Minister responsible for the Federal Economic Development Agency for Southern Ontario
Edward.Hutchinson@feddevontario.gc.ca
Media Relations
FedDev Ontario
fdo.mediarel-relmedias.fdo@feddevontario.gc.ca
Stay Connected
Subscribe to FedDev Ontario's Southern Ontario Spotlight newsletter, featuring economic development news and updates from across the region.
Follow us on Twitter, Facebook, Instagram and LinkedIn for more information on how we are growing businesses, cultivating partnerships and building strong communities in southern Ontario.
Page details
- Date modified: