Canadian Budget delivers for forestry

An investment of $105 million over two years for market development and forestry innovation, including support for FPInnovations, was confirmed in Canada’s 2012 federal budget. FPInnovations, a unique industry/government forestry innovation partnership, and the Forest Products Association of Canada both commended the Canadian government’s recommitment to Canadian forest sector transformation and innovation.

The Forest Products Association of Canada (FPAC) is pleased that the Government of Canada has decided to maintain spending on programs aimed at transforming the forest sector even while tough measures are being taken to tackle the deficit.

“Today's budget will allow us to continue to pioneer new products such as bio-materials and bio-composites and next generation building systems for multi-storey buildings," said Pierre Lapointe, president and CEO of FPInnovations.


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