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FPInnovations announces support for feds’ $100M forestry investment


November 26, 2018
By P&PC Staff

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November 26, 2018 – FPInnovations, the non-profit research centre for the pulp, paper and forestry industry, says it supports the federal government’s fall economic statement tabled last week by Bill Morneau, minister of finance.

The update pledges to accelerate support for business innovation, invest in clean technology, increase exports, invest in middle-class jobs and remove trade barriers within Canada. Notably, $100 million will focus on providing support to the forest sector.

Stéphane Renou, president and chief executive officer at FPInnovations, says, “The economic statement sends a clear message to Canadians that our forest industry, our workers, and the contribution we make to the economy are important to this country. We will continue working with the federal government and other public and private partners to improve the competitiveness and diversification of the Canadian forest industry.”

FPInnovations says the federal government’s continued support of fostering innovation in the forest sector is vital to the industry’s future prosperity and capacity to develop new technology and markets to strengthen the industry nationally and internationally.

The organization operates R&D laboratories in Quebec, Montreal, and Vancouver, as well as technology transfer offices across Canada.