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Contribution: Contributions in support of Investments in the Forest Industry Transformation Program

TOLKO INDUSTRIES LTD.

$400,000.00

Parallel Laminated Veneer Finger Jointed Panel Development

FY 2021-22 · 2021-07-20

Summary
This project will assess opportunities or diversification and optimization in a forest products facility.
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)
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-Q2-11142
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
V1T 9W9
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
Parallel Laminated Veneer Finger Jointed Panel Development
Agreement Title (French)
Développement de panneaux de placage stratifiés assemblés par entures multiples
Agreement Number
IFIT5_TOLKO
Agreement Value
$400,000.00
Foreign Currency Type
CAD
Foreign Currency Value
$0.00
Agreement Start Date
2021-07-20
Agreement End Date
2023-03-31
Description
This project will assess opportunities or diversification and optimization in a forest products facility.
Description (French)
Ce projet permettra l'analyse des opportunités de diversification et optimisation dans une industrie de produits forestiers au Canada.
Expected Results
The expected results will assess opportunities for diversification or optimization in a forest products facility in Canada.
Expected Results (French)
Le résultat attendu est l’identification des possibilités de diversification ou d’optimisation dans une installation de produits forestiers au Canada.
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
TOLKO INDUSTRIES LTD. - $400,000 Contribution (2021-2… | Canada Spends