Quebec Budget 2020-2021

FPInnovations
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Montreal, Quebec – March 10, 2020 – Following the tabling of the Quebec government’s 2020-2021 budget, Stéphane Renou, FPInnovations’ president & CEO, applauds the government’s commitment to fight climate change and its desire to build a green economy in which the forest sector can make a significant contribution.

FPInnovations is also pleased with measures announced by the Quebec government to support the innovation ecosystem in Quebec and encourage the commercialization and development of innovative products.

To this end, FPInnovations has created the concept of initiatives to develop networking projects with other industry sectors, while accelerating the commercialization of innovations to actively develop new markets.

“FPInnovations is dedicated, on a daily basis, to ensuring that the forest sector remains in the international bio-economy race. We hope these measures can benefit the initiatives undertaken by FPInnovations. Positioning the forest sector in the bio-economy of the future is critical and requires a strong commitment from government and industry to accelerate the commercialization of innovations.”
Stéphane Renou, President & CEO, FPInnovations

Innovation at FPInnovations

FPInnovations is actively working on a number of R&D projects aimed at transforming the forest industry:

  • Development of biosourced and biodegradable wood fibre-based plastics
  • Development of wood-fibre-based biofuels that will provide alternatives to the Canadian energy market
  • Introduction of new wood-fibre-based biomaterials and biocomposites for use in everyday products
  • Increased use of sustainable wood products in structures and building materials as an alternative to high carbon footprint materials
  • Increased share of wood fibre-based packaging markets in North America
  • Integration of megadata and high technology in Quebec forestry operations to create a safer and more productive work environment along the value chain

About FPInnovations

FPInnovations is a private not-for-profit organization that specializes in the creation of solutions that support the Canadian forest sector’s global competitiveness. It is ideally positioned to perform state-of-the-art research, develop advanced technologies, and deliver innovative solutions to complex problems for every area of the sector’s value chain, from forest operations to consumer and industrial products. Its R&D laboratories are located in Québec City, Montreal and Vancouver, and it has technology transfer offices across Canada.


Source: FPInnovations