The Institute will contribute to the development of a sustainable hardwood industry in New Brunswick.
“Our Government is committed to helping Canadian industries innovate, prosper and create jobs in today’s global economy,” said the Prime Minister. “We are proud to be supporting the creation of the Hardwood Research Institute which will generate research and teaching jobs here in New Brunswick while also enhancing the competitiveness of Canada’s forestry industry.”
The new Northern Hardwood Research Institute will undertake research that will lead to a more profitable and sustainable hardwood industry. The research will form the basis of new programs and courses that will be taught at the UMCE which will complement the University’s existing Forestry curriculum.
The Institute is expected to increase the quality and quantity of available hardwood, improve resource management practices and increase cooperation between the UMCE, the forestry industry and Government. The project is expected to create seven full time jobs and as well as opportunity for seven graduate student research positions.
The Government of Canada’s contribution for the project is being provided through the Atlantic Canada Opportunities Agency’s Innovative Communities Fund. The Government of New Brunswick, the Université de Moncton and the private sector will also be providing support to the Institute.