"The Forest Innovation Program (FIP) was established to support research, development and technology transfer activities in Canada’s forest sector. Together, these activities are intended to help the sector pursue its ongoing transformation through the adoption of emerging technologies ready for commercialization. Under Budget 2012, the federal government invested $105 million, over two years, to support Canada’s forest sector. The funding is targeted at fostering innovation and expanding market opportunities for the sector. Additional funding of $92 million, over two years, was announced under Budget 2013 to further support market diversification and forest sector innovation. This funding is available until March 31, 2016."