Federal Government Invests $2.35 Billion in Canada's Forest Products Industry at Biofor Conference

The Biofor segment of PAPTAC's PaperWeek highlighted federal initiatives to transform Canada's forest products industry. Chaired by Bruno Gagnon from NRCan, the session featured Joyce Henry from CFS, who discussed a $2.35 billion federal investment aimed at stabilizing and diversifying the forest sector. The strategy involves collaboration with provincial governments and integration of Indigenous knowledge. Jordan Solomon from Ecostrat presented the Biofuel Development Opportunity Zones, highlighting over $10 billion in projects in North America, with a focus on Canadian zones. CelluForce and Kruger Products also discussed innovations supported by the Investments in Forest Industry Transformation program.

Published Mar 22, 2026

At the Biofor segment of PAPTAC's PaperWeek, federal initiatives to support Canada's forest products sector were outlined. Joyce Henry from CFS announced a $2.35 billion investment aimed at stabilizing and diversifying the industry, emphasizing collaboration with provincial governments and Indigenous knowledge.

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Jordan Solomon of Ecostrat discussed the Biofuel Development Opportunity Zones, reporting over $10 billion in announced projects in North America but noting that most are in the U.S. Sébastien Corbeil from CelluForce highlighted advancements in cellulose nanocrystals, while Kruger Products' Maxime Cossette described how the Investments in Forest Industry Transformation program has aided innovative projects to enhance sustainability and product diversity in the sector.