Canada invests over $30 million in B.C. trade resilience

The Government of Canada, through PacifiCan, has announced over $30.5 million in RTRI funding for 24 businesses and organizations across British Columbia to help them adapt to trade disruptions and expand into new markets.

• Over $30.5 million in RTRI funding will support 24 businesses and organizations across B.C. to improve productivity, reduce costs, and build more resilient supply chains.
• Named recipients include Accelovant ($990,000), BC Wood Specialties Group ($5,280,480), Nanaimo Forest Products ($5,500,000), Novarc Technologies ($1,988,184), Quadrogen ($3,600,000), and others; the release links this to advanced manufacturing, forestry, steel and aluminum, and export diversification.
• The announcement was made by Gregor Robertson, Minister of Housing and Infrastructure and Minister responsible for PacifiCan; one recipient, OSENSA Innovations, makes fibre optic sensing technologies used to monitor high-voltage electrical infrastructure such as data centers.