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Forests

$365.1M to support forestry businesses and communities

  • $164.5M to support forestry businesses in response to the sector’s difficulties;
    • $104.5M over five years to abolish the annual royalty in order to improve the forestry sector’s competitiveness by lowering the cost of fibre;
    • $60.0M in 2026-2027 for a working capital assistance program for wood processing businesses that undertake investment projects to support their growth and adaptation.
  • $200.6M to maintain the government’s commitment to forestry communities.
    • $179.9M over two years to maintain investments in silvicultural work in public forests;
    • $16.0M in 2027-2028 to continue efforts to counter the spruce budworm outbreak;
    • $1.7M over four years to adapt forests to climate change by acquiring growth chambers for forest seedlings, which will support forest development and the profitability of silvicultural investments;
    • $3.0M in 2026-2027 to increase the funds available under the special program for the disposal of low-quality hardwood in the Outaouais and Laurentides regions.