Annual Report
2020-2021

MESSAGE FROM THE CHAIRMAN OF THE BOARD AND THE PRESIDENT AND CHIEF EXECUTIVE OFFICER

By any measure, 2020 was an extraordinary year. Uncomfortable in its uncertainty, challenging in its economic instability, yet rewarding in its own way.

The pandemic had an effect on the world, on the forest industry, and certainly, on FPInnovations and its stakeholders. It was not business as usual.

FPInnovations evolved significantly over the past year. We were able to respond to and deliver on the needs of our members and partners faster than ever before – Needs that are driven by constantly fluctuating economic and societal environments.

At the core of FPInnovations’ resilience over the past year was its agility. Not just that of our strategy and operations, but also that of our employees. This agility allowed FPInnovations to quickly adapt to new realities and to assist its members and government partners with their goals towards a sustainable bioeconomy and increased competitiveness for a post-COVID-19 economic recovery.

FPInnovations’ agility was also portrayed through its the new Pulp & Paper membership structure that was redesigned to allow for maximum flexibility and increased return on investment for our members.

The past year also further proved the vital role that FPInnovations holds within the forestry industry. By being nimble and focused, we’ve had a significant impact on our members and their operations. And in line with our commitment towards transparent communications with them, we’ve carefully designed and unveiled the members’ portal that provides members with real-time information on their projects and membership details.

For the 2020-2021 fiscal year, FPInnovations maintained strong financial health under difficult conditions in order to ensure that FPInnovations continues to deliver cost-efficient, timely, and innovative solutions. We succeeded at stabilizing costs and focusing efforts to ensure we are delivering maximum impact on our members and the sector.

A special thank you to FPInnovations’ employees – our very own power team. Your dedication, passion, and hard work have been an inspiration to everyone, and are the reason why FPInnovations is what it is today: a strong leader in forest sector innovation.

Here’s to another exciting year,

 

 

James Gorman
Chairman of the Board

 

 

Stéphane Renou
President and Chief Executive Officer

The world’s first ready-to-produce biodegradable and eco-friendly non-medical mask

Lignin from Canadian forests: the secret ingredient for greener roads

FINANCIAL RESULTS

AS AT MARCH 31, 2021

Members of FPInnovations may obtain a signed copy of the audited financial statements free of charge by contacting Terry Knee, Corporate Secretary at terry.knee@fpinnovations.ca.

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Pulp, Paper & Bioproducts

Financial Results - Annual Report - EN_PPB

Wood Products

Financial Results - Annual Report - EN_WP

Forest Operations

Financial Results - Annual Report - EN_FO

FPINNOVATIONS IN THE NEWS

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OUR MEMBERS

AS AT MARCH 31, 2021

CelluForce

Acadian Timber
Alberta Newsprint Company (West Fraser)
Alberta-Pacific Forest Industries
Atco Wood Products
Bois D’oeuvre Cedrico
Boisaco
Boucher Bros. Lumber
Canadian Kraft Paper Industries
Canfor Corporation
Canfor Pulp
Carrier Lumber
Cascades Containerboard Packaging
Chaleur Forest Products
Chantiers Chibougamau
Delco Forest Products
Domtar Corporation
Dunkley Lumber
EACOM Timber Corporation
East Fraser Fiber Co.
Fortress Paper
Georgia-Pacific
Groupe Crête
Groupe Lebel
Harmac Pacific (Nanaimo Forest Products)
Irving Forest Services (J.D. Irving)
Kruger
Louisiana-Pacific Canada
Matériaux Blanchet
Mercer International
Millar Western Forest Products
Norbord
Northland Forest Products
Pacific BioEnergy Corporation
Paper Excellence
Performance BioFilaments
Pinnacle Renewable Energy
Port Hawkesbury Paper
Produits forestiers Arbec
Produits forestiers Petit Paris
Promobois GDS
Resolute Forest Products
Richmond Plywood Corporation
Scierie Clermond Hamel
Scierie St-Elzéar
Scierie St-Michel
Sinclar Group Forest Products
Skeena Sawmills
Spray Lake Sawmills (1980)
Structurlam Mass Timber Corporation
The Teal-Jones Group
Tolko Industries
Vanderwell Contractors (1971)
West Fraser
Western Archrib
Weyerhaeuser Company
WRC Timber

Agropur
Armour Transportation Systems
Arnold Bros. Transport
Arrow Transportation Systems
Bison Transport
C.A.T.
Carmen Transportation
Cascades Transport
Centre de formation en transport de Charlesbourg‎
Centre de formation en transport routier de Saint-Jérôme
Centre de gestion de l’équipement roulant (Division of Ministère des Transports du Québec)
Charger Logistics
Christian Larocques Services
Eassons Transport
Énergir
Express Mondor
Groupe Goyette
Groupe TYT
Kemira
Loblaw
Martin Roy Transport
Midland Transport
Minimax Express
Ministère des Transports du Québec
Praxair
SLH Transport
Sobeys
Société des alcools du Québec
Sunbury & RST Transport
Transport Canada
Transport Jacques Auger
Transport Matte
Transport Robert
Trans-West Group
VersaCold Transportation Solutions
Vitesse Transport
Whitecourt Transport

Conair
Coulson Group
Genics
Government of Alberta
Government of British Columbia
Government of the Northwest Territories
Government of Saskatchewan
Government of Yukon

Provinces and Territories
Government of Alberta
Government of British Columbia
Government of New Brunswick
Government of Newfoundland and Labrador
Government of Nova Scotia
Government of Ontario
Government of Québec
Government of Saskatchewan
Government of Northwest Territories

Federal
Natural Resources Canada (Canadian Forest Service)

OUR GOVERNANCE

AS AT MARCH 31, 2021

James Gorman
Chairman of the Board of Directors

Stéphane Renou
President and CEO

Nathalie Legault
Chief Financial Officer

Terry Knee
Corporate Secretary and Chief Communications Officer

Bruce Mayer
Alberta Agriculture and Forestry
Government of Alberta

Charles Tardif
Maibec

Derek Nighbor
Forest Products Association of Canada

François D’Amours
Kruger

James Gorman
West Fraser

Diane Nicholls
Ministry of Forests, Lands, and Natural Resources Operations
Government of British Columbia

Kathleen McFadden
Independent

Kevin Edgson
EACOM Timber Corporation

Luke Drapeau
Canfor Corporation

Stéphane Renou
FPInnovations

Randy Fournier
Irving Forest Services (J.D. Irving)

William Adams
Mercer International

Robert Dufresne
Resolute Forest Products

Mélanie Turgeon
Ministry of Forests, Wildlife and Parks
Government of Quebec

Beth MacNeil
Canadian Forest Service – Natural Resources Canada

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