The IFIT program is already very popular. As I said, for every dollar allocated, 10 are requested for projects. For the most part, these are perfectly eligible and acceptable. Therefore, more investment should be made in this program. I think the forest industry is fundamental to the Canadian economy. It deserves better support and a better transition.
Remember the number I mentioned earlier and think about it. To get back to back to the $4.8 billion, every cubic metre cut represents $155 paid to governments in taxes. One-third of that goes to the federal government and two-thirds goes to the provincial government. The more we use wood, the more money goes into the federal government's coffers, and may I remind you that this is done in a sustainable way.
We are talking here about programs that would allow the transformation. On the biofuels side, things can also be done, for example using biomass to replace several fuels for heating. The goal must be to increase value added, which means investing more in innovation and in the federal government's strategic purchasing programs. The federal government can provide an opportunity for start-up companies to get their first contract with the federal government, and to prove that they can meet this challenge. This approach is very popular in Scandinavian countries. I think Canada would benefit from enhancing these types of programs.