AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Other export incentive
Also among the larger components of the package is Can.$45 million (US$34 million) over three years (US$11 million/year) in Natural Resources Canada’s (NRCan's) Expanding Market Opportunities (EMO) program that “will increase and diversify market opportunities for Canada’s forest products industry in offshore markets and expand wood use in non-residential and mid-rise construction.”
Created in 2012, and funded with Can.$43 million (US$33 million) in 2015-16 (US$16.5 million/year), the EMO program has two components. The goal of the Offshore Markets component is to maintain and grow international forest product markets while promoting Canadian forest products as an environmentally responsible choice, and the goal of the North American component is to expand wood use in the North American non-residential and mid-rise construction market and position Canada as a world leader in sustainable forest management and a preferred source of sustainable forest products. Most projects funded under EMO are cost-shared with industry and other partners (see http://www.nrcan.gc.ca/forests/federal-programs/13133).
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