The bio-economy is deeply interlinked with the success of our country’s economic and social well-being. The utilization of our sustainable natural resources supports hundreds of communities and employs hundreds of thousands of people across Ontario and Canada every year. Our natural resources also provide us with a myriad of essential products and materials we rely on every day.

Canada is in a pivotal period in our economic history. Global shifts in trade, energy, and geopolitics—alongside rising concerns around productivity and economic competitiveness—demand bold action and strategic investment. Canada is poised to weather this global economic shift and well positioned with our unique assets to become a preferred global partner.

Napanee, Ontario-based FireRein Inc. has introduced a groundbreaking approach to firefighting with its bio-based water additive to displace surfactant foams. Made entirely from 100% food-grade ingredients, FireRein’s Eco-Gel™ offers a non-toxic, environmentally friendly, and PFAS-free (perfluoroalkyl and polyfluoroalkyl substances) alternative to traditional firefighting additives.

Bioindustrial Innovation Canada (BIC) was first introduced to Evercloak in 2022 as an advanced materials innovation spin-out from the University of Waterloo. BIC’s introduction to Evercloak was at the request of a national venture capital investor looking for technical due diligence support.