The aim of this Agreement is to promote cooperation and coordination between the Government of Canada and the Government of Quebec in implementing measures intended to stimulate forestry development and to increase the economic impact of forestry activity in Quebec. This document reviews one year of operation of the Agreement. It provides a brief background and reviews the objectives, programs and activities involved, as well as the budget allotted to each component. Includes an update of the various programs in effect during the year, and outlines several considerations on programming for the next year.