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FPInnovations receives $3.7 million to support Quebec forest sector

The federal government, through the Canada Economic Development agency, has granted $3.7 million to FPInnovations, and another $1 million to the Quebec Wood Export Bureau, in the name of supporting the Quebec forest industry.

The federal government, through the Canada Economic Development agency, has granted $3.7 million to FPInnovations, and another $1 million to the Quebec Wood Export Bureau, in the name of supporting the Quebec forest industry.

“The Government of Canada supports Quebec forest industry aid organizations that, like FPInnovations and the Quebec Wood Export Bureau, promote innovation and market development and contribute to the diversification of the economy and job creation,” said The Honourable Denis Lebel, Minister of the Economic Development Agency of Canada for the Regions of Quebec. “The forestry industry is an economic sector that represents nearly 60,000 jobs in Quebec and it is crucial to support it,” he added.

FPInnovations is a not-for-profit research centre that helps the Canadian forest industry develop innovative solutions based on the unique attributes of Canada’s forest resources.

FPInnovations will use the funding from Canada Economic Development to acquire leading-edge equipment and design new products, says the government press release.

The Quebec Wood Export Bureau (QWEB) is a not-for-profit organization whose mission is to promote value-added wood products from Quebec to new markets. QWEB will use the funds from Canada Economic Development to take part in trade fairs, exhibitions and prospecting missions, and to retain its employees.