Grants and Contributions:
Title:
515675
Agreement Number:
515675
Agreement Value:
$7,500,000.00
Agreement Date:
Dec 16, 2025 - Mar 31, 2032
Description:
This project will support Kap Paper Inc.'s (Kap) objective to complete a Front‑End Engineering Design (FEED) study that fully defines the technical, financial, and environmental parameters required to construct a Medium Density Fiberboard (MDF) facility.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
Completing the FEED study will provide the information necessary to support a Final Investment Decision on the new MDF facility which would safeguard local employment in Kapuskasing, Ontario.
Location:
Kapuskasing, Ontario, CA P5N 2Y2
Reference Number:
033-2025-2026-Q3-515675
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
783896756
Recipient Type:
For-profit organization
Recipient's Operating Name:
Kap Paper Inc.
Recipient's Legal Name:
Kap Paper Inc.
Federal Riding Name:
Algoma--Manitoulin--Kapuskasing
Federal Riding Number:
35002
Program:
Strategic Response Fund
Program Purpose:
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector. Increasing manufacturing capacity; Improving production efficiency through improvements to plant and equipment.
NAICS Code:
321999