The Canadian government is allotting around C$5 million for a project that will study the large scale production of fuels from algae that grows in its province of Nova Scotia.
The Minister for Science and Technology announced the funding during the launch of the project held at the Institute for Marine Biosciences of the National Research Council.
Other organizations and industrial partners are also pouring financial support amounting to about C$1.2M plus some help in kind.

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