The objectives were: • To establish what is currently known with regard to the economic impacts of biodiesel development • To determine the nature of markets for candidate feedstocks that could be used in manufacturing biodiesel • To estimate the economic effects of a 2% biodiesel blend requirement in petroleum diesel • To estimate the economic effects of a 5% biodiesel blend requirement in petrol [...] The objectives of this project are: • To establish what is currently known with regard to the economic impacts of biodiesel development • To determine the nature of markets for candidate feedstocks that could be used in manufacturing biodiesel • To estimate the economic effects of a 2% biodiesel blend requirement in petroleum diesel • To estimate the economic effects of a 5% biodiesel blend requir [...] The nature of markets for candidate feedstocks will also be assessed in Phase 2. In Phase 3, the literature review will be used to aid in the development of a conceptual model to determine an overall assessment of the economic impact of the adoption of 2% and 5% blend requirements in petroleum diesel in Canada. [...] For the purpose of this project, attention was focused on the methods of economic analysis used in the studies and the feasibilities and characteristics of various feedstocks. [...] The most aggressive simulation modeled was to determine the economic impact on the oilseed markets of biodiesel production consisting of 1% of the current use of middle distillate fuels in the US3.