Contribution: Contributions in support of Investments in the Forest Industry Transformation Program
TOLKO INDUSTRIES LTD.
$4,250,000.00
Structural Laminated Veneer Lumber Manufacturing Utilizing Parallel Laminated Veneer
FY 2021-22 · 2022-03-11
Summary
This project will install innovative technology in a forest products facility in Canada.
Department
Program
Contributions in support of Investments in the Forest Industry Transformation ProgramContributions in support of Investments in the Forest Industry Transformation Program (linked with high confidence)
Recipient
Location
VERNON | VERNON, British Columbia, Canada
Recipient Type
For-profit organization
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
As published
Reference Number
115-2021-2022-Q4-12086
Amendment Number
0
Agreement Type
Contribution
Recipient Type
F
Recipient Legal Name
TOLKO INDUSTRIES LTD.
Recipient Country
CA
Recipient Province or Territory
BC
Recipient City
VERNON | VERNON
Recipient Postal Code
V1T3W3
Program Name
Contributions in support of Investments in the Forest Industry Transformation Program
Program Name (French)
Contributions à l'appui du programme Investissements dans la transformation de l'industrie forestière
Program Purpose
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.
Program Purpose (French)
Le programme des Investissements dans la transformation de l'industrie forestière a pour but d'appuyer ladite transformation qui rendra l'industrie forestière plus durable sur le plan commercial et environnemental en investissant dans des technologies novatrices qui mènent vers une gamme de produits plus diversifiés et de plus grande valeur, y compris la bioénergie et l'énergie renouvelable, ainsi que les biomatériaux, les produits biochimiques et les matériaux de construction de prochaine génération.
Agreement Title
Structural Laminated Veneer Lumber Manufacturing Utilizing Parallel Laminated Veneer
Agreement Title (French)
Fabrication de bois de placage stratifié structurel à l'aide de placage stratifié parallèle
Agreement Number
IFIT6_TOLKO
Agreement Value
$4,250,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2022-03-11
Agreement End Date
2025-03-31
Description
This project will install innovative technology in a forest products facility in Canada.
Description (French)
Ce projet permettra d'installer une technologie novatrice dans une industrie de produits forestiers au Canada.
Expected Results
Environmental performance: The expected results will increase environmental performance (production of green electricity and renewable fuels, reduction of greenhouse gas emissions, increased energy efficiency, carbon capture).
Expected Results (French)
Performance environnementale : Les résultats attendus permettront d'accroître les performances environnementales (production d'électricité verte et de carburants renouvelables, réduction des émissions de gaz à effet de serre, augmentation de l'efficacité énergétique, capture du carbone).
Additional Information
Grant or contribution awarded and spanning more than one fiscal year.
Additional Information (French)
Subvention ou contribution octroyée s'appliquant à plus d'un exercice financier.
Organization Code
nrcan-rncan
Organization
Natural Resources Canada | Ressources naturelles Canada
