Quantcast
Last updated on April 17, 2014 at 1:21 EDT

Investment in Transformation, Commitment to Taller Wood Buildings Welcomed by Forest Industry

April 4, 2013

OTTAWA, April 4, 2013 /CNW/ – The Forest Products Association of Canada
(FPAC) is pleased with today’s announcements by the Government of
Canada under the landmark Investments in Forest Industry Transformation
program as well as its commitment to market development and taller wood
buildings.

The Minister of Natural Resources, Joe Oliver, announced $19.5 million
dollars in IFIT funding towards five projects worth a total of $70
million. He also announced $10.9 million for the Expanding Markets
Opportunities Program.

“It is crucial to have the government as a partner to develop first
commercial demonstrations of promising technologies for forest products
companies.  This will help us reach our Vision2020 goal of producing an
additional $20 billion in economic activity from new products and
diversified markets by the end of the decade,” says the President and
CEO of FPAC, David Lindsay.

Under IFIT, Millar Western Forest Products of Whitecourt Alberta will
get $6.75 million to help develop a waste-to-energy technology that
will generate green energy from pulp mill effluent. Tolko Industries in
Meadow Lake Saskatchewan will get $4.9 million as part of its goal to
become the first facility in North America to produce specialty and
commodity-oriented strand board on one production line, while enhancing
quality and performance of the final product.

“These projects represent the potential outlined in the Bio-Pathways and
Construction Value Pathway studies led by FPAC.  Forest product
companies can innovate by using wood fibre to produce bio-products such
as green energy, or to manufacture value added lumber products such as
reinforced wood and prefabricated materials,” says Lindsay.

FPAC also applauds the government for reiterating its commitment to be a
world leader in taller wood buildings.

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.

For more on Vision2020 go to: http://www.fpac.ca/vision2020
For more on our Pathways study: http://www.fpac.ca/index.ee1.php/en/value-pathways/

SOURCE FOREST PRODUCTS ASSOCIATION OF CANADA


Source: PR Newswire