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Last updated on April 18, 2014 at 17:24 EDT

FPAC appreciates budget help for innovation, market expansion and skills training

March 21, 2013

OTTAWA, March 21, 2013 /CNW/ – The Forest Products Association of Canada
(FPAC) welcomes the additional support for innovation and market
development unveiled in today’s budget and also applauds the
government’s focus on skills training.

The “Jobs, Growth and Prosperity” budget from the Minister of Finance, Jim Flaherty, includes an
additional $92 million over two years to support innovation and
expanding markets. “We applaud the government for its continuing
support for the forest products sector even at a time when tough
measures are needed to reduce the deficit.” says the President and CEO
of FPAC, David Lindsay. “This is a strategic future-oriented decision
that demonstrates ongoing commitment to the transformation of the
industry.”

FPAC has unveiled Vision2020, an ambitious plan to propel the sector
forward in the areas of products, environmental performance and
people. The support for innovation, research and market development
will help the industry reach its goal of producing another $20 billion
in economic activity in new markets and innovative new products by the
end of the decade.

The Canada Job Grant proposal aimed at increasing the pool of skilled
labour in Canada will also help the forest sector with another
Vision2020 goal the desire to recruit an additional 60,000 people by
2020 including women, Aboriginals and new Canadians.

“The forest products industry is on the move and needs to recruit tens
of thousands of new workers to reach our potential in the 21(st) century and spur growth.” says Lindsay. “We are pleased that the
government is recognizing the growing competition for labour.”

Lindsay notes that other budget items will help the transformation of
the forest products industry and the quest to produce new jobs and
shore up rural communities. This includes tax support for clean energy
generation and the extension of the Accelerated Capital Cost Allowance.

FPAC provides a voice for Canada’s wood, pulp, and paper producers
nationally and internationally in government, trade, and environmental
affairs. The $57-billion-a-year forest products industry represents 2%
of Canada’s GDP and is one of Canada’s largest employers operating in
hundreds of communities and providing 230,000 direct jobs across the
country.

SOURCE FOREST PRODUCTS ASSOCIATION OF CANADA


Source: PR Newswire