FPInnovations receives $2M from Quebec to research sustainable forestry solutions
By P&PC Staff
By P&PC Staff
FPInnovations is receiving $2 million from the Quebec government over a two-year period to develop innovative solutions for the forest products sector.
The move to support innovation for forestry businesses was included in the province’s recent $1.8-billion economic and financial situation update.
Stéphane Renou, president and chief executive officer of FPInnovations, says in a statement that FPInnovations applauds the investment made by Quebec Finance Minister Eric Girard.
The funding will allow FPInnovations to focus on developing research projects in three sectors: the digital transformation of the forest industry, the valourization of residual or low-value wood, and the substitution of products that have a high carbon footprint.
These projects will contribute to improving the competitiveness of Québec’s forest sector while promoting regional development and fostering a green economy.
“At a time when we are experiencing a major economic and health crisis, the financial support announced by the Quebec government will enable us to continue developing innovative solutions that will have a short-term impact on the productivity and competitiveness of the forest sector,” says Renou.
“More than ever, FPInnovations is determined to accelerate the transformation of the forest sector, thereby participating in the economic recovery.”
FPInnovations operates R&D laboratories in Quebec City, Montreal and Vancouver, and it has technology transfer offices across Canada.