TRACYVILLE, New Brunswick — In the face of unjust US trade measures, the Government of Canada is taking decisive action to give Canadian forest companies the stability they need to weather short-term shocks and retool for a stronger, more diversified future. …The Honourable Tim Hodgson, Minister of Energy and Natural Resources, launched a national Calls for Proposals under Natural Resources Canada’s forest sector transformation programs, supported by a $500-million commitment. Eligible businesses and organizations can now apply for funding through: The Investments in Forest Industry Transformation (IFIT) program. The Green Construction Through Wood (GCWood) program; The Indigenous Forestry Initiative (IFI); and The Global Forest Leadership Program (GloFor). …In addition, Minister Hodgson announced $2.8 million in existing program funding through the IFIT, IFI, GloFor and GCWood programs, supporting seven projects that will help strengthen the forest sectors in New Brunswick and Nova Scotia.
