BUDGET IS WELCOME BOOST FOR FOREST INDUSTRY TRANSFORMATION
February 11, 2014 -OTTAWA: The Forest Products Association of Canada (FPAC) appreciates the additional support for innovation and sector transformation in today’s federal budget as a way to create jobs and solidify Canada’s reputation as a world leader in developing cutting-edge products from wood fibre.
The ”Creating Jobs and Opportunities” budget from the federal Minister of Finance, Jim Flaherty, includes an additional $90.4 million over four years for the Investments in Forest Industry Transformation (IFIT) program that has already helped Canadian forest product companies develop world-first innovations.
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