The 2013-14 federal budget today reinforces the nation's
forestry innovation opportunity says FPInnovations, Canada's forest sector R&D
and innovation institute. This government's continued support of forestry
innovation and market development programs is recognition that the forest
sector remains a key growth area for the Canadian economy.
"The 2013-14 budget recognizes that forestry R&D
remains a vital engine of growth for the future", stated Pierre Lapointe,
President and CEO of FPInnovations. "Canada can point to innovations such
as award-winning cellulose nanocrystal research, multi-storey wooden buildings,
and cellulose filaments as clear examples of recent developments. Today's
federal budget, earmarking $92 million over two years starting in 2014-15 for
the forest sector, ensures that we continue to build on these world leading
successes."
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.
