The government of Canada launched a $100-million Investments in Forest Industry Transformation (IFIT) program in Vancouver and made a call for proposals that could receive IFIT funding.
The goal of the IFIT program is to encourage the development of a wider range of innovative technologies, which would help secure a more prosperous future for Canada’s forestry industry and the communities who depend on it.
As part of its continued support for the country’s forest sector, the Canadian government is investing $170 million over two years under Canada’s Economic Action Plan to help forest companies develop new products and processes and capitalize on new market opportunities internationally.
As well, the $1-billion Pulp and Paper Green Transformation Program is helping qualified pulp and paper mills improve their environmental performance. Participating mills will become leaders in energy efficiency or the production of renewable energy as they create and sustain jobs in their industry.
Individuals interested in learning how to apply for funding under the IFIT program may visit www.forest-transformation.nrcan.gc.ca.
