Forestry Innovation Investment’s mandate is to support an environmentally sustainable and prosperous forest economy in British Columbia.
Promoting BC wood products and forest practices internationally, FII:
1. Educates international markets about BC’s sustainable and world-leading forest management practices
2. Promotes BC wood products in major markets like the United States, Japan, China, and Europe
3. Introduces BC wood products to growing markets like Korea, Taiwan and Australia
4. Develops new products and uses for wood
5. Researches better ways of milling and manufacturing wood products.
FII works in partnership with the Government of Canada, Government of British Columbia and the forestry sector. Most of FII’s programs are delivered through funding arrangements with research institutes, trade associations and universities. More than 95% of the budget goes to international research, market access, product development and marketing activities.
Promoting the BC forest sector internationally is important because 85% of BC forest products are sold outside Canada. In fact, BC is the world’s largest exporter of softwood lumber.
Supporting the BC forest economy is important because forestry sustains hundreds of communities across the province and about 240,000 direct and indirect jobs – a healthy forest economy means a strong and growing BC.
For more information on Forestry Innovation Investment, visit their website: www.bcfii.ca.