Provincial Support for Refinery's Revival

In a bold move to revive the struggling Braya Renewable Fuels industry in Come by Chance, the provincial government is stepping up with a hefty $25 million loan. This financial boost aims to keep the workforce intact and cover urgent operational costs.

Challenged by US Tax Changes

Braya has faced significant hurdles recently due to shifts in tax credit programs across the United States, which have thrown a wrench into its operations. After a shutdown in January, the company managed to resume activities in June, but they continue to grapple with the financial aftermath.

A Workforce in Need

With around 240 employees relying on the Come by Chance plant, this government intervention is crucial not just for the company’s survival, but for the livelihoods of many families in the region. The swift response from the provincial government highlights the importance of the renewable energy sector and its potential to thrive despite external challenges.