Canadian Biomass Magazine

FPInnovations applauds federal initiative to boost forestry innovation

November 27, 2018
By FPInnovations

Nov. 27, 2018 - FPInnovations applauds the federal government's Fall Economic Statement tabled Wednesday in the House of Commons by Bill Morneau, Minister of Finance. The sweeping Statement 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.

“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,” said Stéphane Renou, president and CEO, FPInnovations.

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 our industry nationally and internationally.

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