The final Call for Proposals from forest products companies to receive funding from the Government of Canada’s $100-million Investments in Forest Industry Transformation (IFIT) program is underway. The program makes strategic investments in…
The final Call for Proposals from forest products companies to receive funding from the Government of Canada’s $100-million Investments in Forest Industry Transformation (IFIT) program is underway. The program makes strategic investments in innovative technologies to help Canada’s forest sector become more economically competitive and environmentally sustainable.
The IFIT program seeks highly innovative projects that significantly advance forest sector technology in Canada.
“While traditional forest products will continue to play an important role in the future, the commercialization and implementation of innovative technologies will lead to a more diversified product mix with higher value,” said the Honourable Joe Oliver, minister of natural resources. “Such investments will build a more prosperous future for Canada’s forest sector and the many communities that depend on it.”
The $100-million IFIT program runs until March 31, 2014. It is open to companies that produce forest products and own existing manufacturing facilities in Canada. The first Call for Proposals took place in the fall of 2010 with the selected projects to be announced at a later date.
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