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Government of Canada launches $500 million in support for retooling Canada’s forest sector

The forest sector is a lifeline for communities across the country and an important pillar of Canada’s economy. In the face of unjust U.S. trade measures, the Government of Canada is taking decisive action to support the forest sector, protect workers and their jobs, and give Canadian companies the stability they need to weather short-term shocks and retool for a stronger, more diversified future.

In August 2025, Prime Minister Mark Carney announced a series of new measures to help the forest sector transform and remain competitive. These measures will help unlock the full potential of our industry as the federal government scales up housing and major infrastructure construction and drives long-term economic growth, rooted in Canadian resources and innovation.

Today, the Government of Canada is taking the next step to support and retool our forest sector. The Honourable Tim Hodgson, Minister of Energy and Natural Resources, launched a national Calls for Proposals under Natural Resources Canada’s forest sector transformation programs, supported by a $500-million commitment.

Canada’s forest sector is a major economic driver, supporting nearly 200,000 workers, including over 11,000 Indigenous people and contributing more than $20 billion to our GDP.

Government of Canada launches $500 million in support for retooling Canada’s forest sector – Canada.ca

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