Ottawa — Forest Products Association of Canada (FPAC) welcomes the federal government’s announcement of new measures to support trade-exposed Canadian businesses and employees and to enable economic transformation. The measures announced today — ranging from the Strategic Response Fund to procurement reforms, tariff-response financing, workforce supports, and biofuels incentives — if well executed, can provide hope for the future for Canada’s forest sector and its 200,000 employees. In addition to the measures announced today, FPAC continues to call on the federal government to extend Clean Investment Tax Credits (ITCs) to include biomass for heat and electricity generation as part of Budget 2025. Introducing the biomass ITCs will create new jobs, improve energy security, lower carbon emissions, and help reduce wildfire risks. …“While a negotiated agreement on softwood lumber is the sector’s number one priority, today’s announcement is about trying to create stability as we modernize and innovate for the future,” said FPAC President and CEO Derek Nighbor.