IFIT offers funding for diverse initiatives like research and development, technology adoption, process optimization, and market diversification. Prioritizing projects with significant impacts, such as improved sustainability, resource utilization, and value-added products, the program plays a vital role in advancing the industry, boosting competitiveness, and ensuring long-term viability.
IFIT acts as a catalyst for innovation and growth in the forest sector. It empowers businesses to embrace change, explore opportunities, and overcome challenges through the adoption of cutting-edge technologies and sustainable practices. By supporting industry transformation, the program contributes to economic development, job creation, and environmental stewardship, positioning Canada as a global leader in sustainable forestry and forest-based products.
