Grants and Contributions:
Wood industry in Labrador would spur economic benefits to the entire area and provide much needed employment; the residues from a sawmill operation can be converted solid bio-fuels; successful implementation of a small, yet sustainable, forest initiative could be used as a model to other rural areas; obtaining the detail description of the fibre attributes for the black spruce wood in Labrador will provide a clear path forward; remove uncertainties of the quality of the wood, being that it is provided by an unbiased third-party; and decision makers will be able to provide assistance to better utilize the resources.
Amendment: Value / Award previously disclosed for the 4th Quarter of 2023-2024. Grant or contribution awarded and spanning more than one fiscal year.
The objective of the Forest Innovation Program (FIP) is to enable transformation in the Canadian forest industry. More specifically, the FIP will help drive forest sector transformation, sparking enterprises in their move beyond a dependence on commodity products toward value-added, high-value and specialty products – sustainably extracting the maximum value from the fibre resource. To achieve this, the FIP will facilitate and promote a value-chain approach that addresses innovation from the seed to the end markets and products in which the right fibre is matched to the right product.