Canadian Manufacturing

Feds pump $8.9M into forest products program

Canada is the world's fourth-largest exporter of forest products

PRINCE GEORGE, B.C.—The Canadian government has announced an additional $8.9-million investment in a federal forest products marketing initiative.

The Expanding Market Opportunities Program helps Canadian producers diversify markets and market segments for forest products, build business relationships across the world and enhance competitiveness.

Canada is the world’s fourth-largest exporter of forest products, providing jobs for more than 200,000 Canadians.

In a press release the federal government says that the Expanding Market Opportunities Program has played a key role in increasing the value of wood product exports to China by more than one thousand per cent between 2007 and 2014.

Since 2007, Canada has invested more than $1.8 billion in it’s forest sector.

“Our government is helping Canada’s forest industry grow through targeted investments in the Expanding Market Opportunities Program. By diversifying markets for our forest products and enhancing competitiveness for Canada’s forest industry, we are helping Canadian producers to prosper and supporting jobs and opportunities for Canadians,” said Kerry-Lynne Findlay, Minister of National Revenue and MP for Delta–Richmond East

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