Government Grant

Investments in Forest Industry Transformation (IFIT). Capital investment projects

The Investments in Forest Industry Transformation (IFIT) program facilitates the adoption of transformative technologies, products, and processes by bridging the gap between development and commercialization. The IFIT program aims to create a more competitive and resilient forest sector with a focus on low-carbon projects that result in new or diversified revenue streams.

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  • Natural Resources Canada (NRCan)
  • All levels
  • Last updated 1 month ago
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Description

The Investments in Forest Industry Transformation (IFIT) program facilitates the adoption of transformative technologies, products, and processes by bridging the gap between development and commercialization. The IFIT program aims to create a more competitive and resilient forest sector with a focus on low-carbon projects that result in new or diversified revenue streams.



Capital funding to support transformational projects by forest sector firms to diversify into new product streams and implement innovative process improvements to ensure industry competitiveness.