Federated Co-Op announced it has paused two major projects as part of its Integrated Agriculture Complex in Regina. FCL is pausing its proposed renewable diesel facility and joint venture canola crush projects with AGT Foods.
FCL CEO Heather Ryan says there are several reasons for the decision, which was not made easily.
She adds that the proposed tariffs from Donald Trump wouldn’t make the situation better.
Ryan isn’t able to say when the projects will be picked back up, however if the outlook improves, she says it is something they will consider. Shovels were not in the ground yet, but a cost estimate had been determined.
She explains the impact this decision will have on producers in western Canada.
In the meantime, FCL will continue on several other projects that aim to address carbon output and emission reductions.
