Investments in Forest Industry Transformation (IFIT) Program
The focus of this program is to invest in innovative technologies that will contribute to a more diversified, higher value product mix in the forest sector.
How Much Funding?
Up to 50% of eligible project costs from $100,000 to $500,000
For-profit companies located in Canada, that:
- produce forest products in an existing forest product manufacturing facility (e.g. pulp, paper or lumber mills) or
- are/will be new entrants in the Canadian forest sector for the purpose of the proposed project
Eligible Activities & Expenditures
Conduct studies linked to the advancement of innovation in the forest sector in support of a future capital investment or strategic shift by forest sector firms.
Ongoing until March 31, 2023