BC Timber Sales (BCTS) | Value-Added Manufacturing Program

“British Columbia”

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SVG

The funder does not disclose this information

Maximum Eligible Amount

In-kind

Fund Type

Value-added manufacturers prove that B.C.’s forestry industry can get more value and create more jobs for every tree harvested. While overall harvest levels in the forest industry have decreased over the past decade, employment in the value-added sector has grown steadily – by approximately 35% – since 2012. Value-added facilities have also better withstood global market volatility, helping to build a more resilient forest sector.

Value-added wood products are increasingly in demand as alternatives to carbon-intensive construction products such as cement. This growing demand has resulted in steady job growth and market expansion and by providing greater certainty of long-term timber supply the new BCTS Program will accelerate further expansion. The program will be restricted to facilities that have minimal or no forestry tenure and will require that facilities be accredited as a value-added, secondary manufacturer. Initially, BCTS will dedicate 10% of its available timber supply to the program for licensees to bid on. More volume is expected in the future.



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