Canada Announces Support for British Columbia’s Forest Sector

The Government of Canada announced an investment of over $20 million for 67 projects to enhance the competitiveness of British Columbia’s forest sector. This funding includes over $11.3 million for six projects under the Investments in Forest Industry Transformation (IFIT) program aimed at adopting low-carbon technologies. Additionally, over $7 million will support 50 projects through the Indigenous Forestry Initiative (IFI), promoting economic development in Indigenous communities. A further $1.6 million will be allocated to nine projects through the Green Construction through Wood (GCWood) program, encouraging the use of wood-based products in construction.