OTTAWA, ONTARIO - The Honourable Joe Oliver, Canada's Minister of Natural Resources, initiated a new investment to support Canada's forest products market development office in Mumbai.
"By opening new markets for Canada's forest sector, our government is helping to create and protect jobs for Canadians in every region across the country,” commented Minister Oliver. “Expanding Canada-India trade in forest products will contribute to economic growth and a vibrant Canadian forest industry."
Forest Innovation Investment India is helping Canada expand its forest product trade with India by identifying new opportunities for Canadian wood products and building local relationships.
India has a strong demand for wood that is not currently met through its domestic supply, presenting important opportunities for Canadian wood products. The Mumbai office is showcasing Canadian wood products applications such as office furniture and door and window manufacturing to builders, buyers, and officials. Oliver expects exports in these areas to grow steadily.
The Government of Canada is investing $600,000 through the Expanding Market Opportunities Program to support the ongoing work of FII India. This new investment builds on previous investments of $1.2 million, bringing the Government of Canada's total investment to $1.8 million. FII India is also supported by the Government of British Columbia.
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