The forestry sector is complex. In terms of industrial innovation, if we are talking about wood products and new processes, I think our funding is fairly competitive. There is also the whole resource development side of things. The cost of wood for a sawmill, for example, is about 70% of its operating costs. For pulp and paper, that percentage varies between 40% and 60%, depending on the channels. Land planning actions need to be taken because it is not normal for the cost of wood to skyrocket in Canada.
On February 19th, 2015. See this statement in context.