BC Government Continues to Invest in the Forest Sector

In a press release on Friday, BC Premier David Eby said the province is partnering with forestry manufacturers to build a strong forest-product sector and support good jobs in BC through significant capital expansion in their operations.

Through the $180-million BC Manufacturing Jobs Fund (BCMJF), the province has committed as much as $70.3 million to forest-sector transition and diversification across 50 projects, which will create and sustain more than 2,500 jobs. Investments are focused on boosting high-quality, made-in-BC wood-product lines that create more sustainable jobs for every tree harvested.

The advanced wood manufacturing projects receiving BCMJF funding represent more than $334 million in total capital investment within BC’s forest industry, reflecting diverse aspects of the intricately connected sector, including the production of new made-in-BC wood products, processed waste-wood residuals, and biofuels. Many BCMJF investments will help meet the significant domestic and international demand, particularly in the homebuilding and construction industries, for engineered wood products, such as mass timber, panels, and composite lumber.

One example of BCMJF funding is for A-1 Trusses Ltd., a Surrey-based company that manufacturers wood trusses and engineered wood products for residential and commercial construction.

Through the BCMJF, BC is contributing as much as $9.5 million to A-1 Trusses’ significant expansion that will create 125 jobs as the company diversifies its product offerings to include prefabricated wall panels and floor cassettes. A-1’s expanded operations will minimize waste and help meet the demand within the local housing market for off-site building components, which aligns with the province’s BC Builds commitment to lower construction costs, speed up timelines, and deliver more affordable homes to BC residents.