EAST HANTS, NS, March 20, 2025 /CNW/ – Clear applied sciences play a big and rising function in Canada’s forest sector. By growing the effectivity of forest sector applied sciences, we are able to develop Canada’s economic system at a crucial time — with out rising emissions from the manufacturing sector. Creating and deploying new clear applied sciences and options helps to say Canadian financial autonomy, whereas preventing local weather change and creating good new jobs.
Right now, the Honourable Kody Blois, Minister of Agriculture and Agri-Meals and Rural Financial Improvement, introduced federal funding for MTC Mass Timber Firm (MTC) to help its transfer to technology-driven manufacturing that can create high-value mass timber merchandise in Nova Scotia.
By an funding of $500,000, MTC will advance the detailed design of Canada’s first large-scale, clear-span mass timber manufacturing construction that may home a brand new industrial plant. As soon as constructed, MTC can be Canada’s first vertically built-in mass timber producer in Atlantic Canada, permitting additional development of the area’s offsite constructing building sector and bettering entry to housing for Nova Scotians.
MTC was additionally conditionally authorised for $10 million in federal help, topic to the required due diligence measures, and the negotiation of a last settlement by each events, to:
- Work with native forest sector companions and First Nations to combine their operations right into a high-specification manufacturing enterprise.
- Use technology-driven manufacturing to open a facility that may use jap spruce — at the moment undervalued within the lumber trade — to create high-value merchandise comparable to cross-laminated timber (CLT) panels and glue-laminated beams and columns.
- Diversify their product strains by maximizing the worth of wooden fibre merchandise, which can contribute to the native economic system by growing earnings per unit and rising operations.
In the end, this undertaking would add worth to the lumber merchandise produced by the corporate in Nova Scotia, utilizing next-generation know-how to strengthen the forest sector within the province. The undertaking would additionally create 124 new native jobs whereas opening new financial avenues for using regionally grown jap spruce lumber in manufacturing.
The Authorities of Canada will at all times get up for Canadians and Canadian trade, and that very a lot consists of the forest sector. The undertaking introduced immediately will help management, innovation and sustainable practices within the forest sector whereas creating vital financial and environmental advantages for Nova Scotians and Canadians.
Quotes
“By our Inexperienced Building by Wooden and Funding in Forest Trade Transformation applications, we’re persevering with to help Canada’s forest sector to implement modern applied sciences that enhance effectivity and capability, decrease emissions and create good, sustainable jobs. Right now’s investments are wonderful examples of how we are able to proceed to scale back emissions whereas serving to to make sure the long-term sustainability of the lumber trade in Nova Scotia.”
The Honourable Jonathan Wilkinson
Minister of Vitality and Pure Sources
“We’re blessed with some unbelievable pure assets right here in Nova Scotia, and our forestry sector is definitely no exception. By investing in Canadian corporations, like MTC Mass Timber Firm, and serving to to create extra Canadian merchandise, we’re setting our nation — and our native economies in locations like East Hants — up for achievement.”
The Honourable Kody Blois
Minister of Agriculture and Agri-Meals and Rural Financial Improvement, and Member of Parliament for King–Hants
“Establishing mass timber manufacturing in Nova Scotia will full Canada’s nationwide mass timber provide chain. The Mass Timber Firm (MTC) can be one of many world’s most superior manufacturing services, producing cross-laminated timber and high-strength glue-laminated timber. By including 2.5 million sq. ft of annual building capability, MTC will assist meet the rising demand for low-carbon constructing options, from houses to healthcare services. On the similar time, it’s going to create a real round financial answer — maximizing the worth of our forests from tree to metropolis.”
Patrick Crabbe
President and CEO, Mass Timber Firm
Fast Details
- Canada’s forest sector supplies sustainable jobs for practically 200,000 Canadians, together with over 11,000 Indigenous individuals.
- Canada’s forest sector produces many merchandise important to the lives of on a regular basis individuals, comparable to lumber for housing and pulp for paper merchandise. Furthermore, the sector is consistently innovating to satisfy the calls for of our ever-changing world. This consists of:
- the adoption of recent, low-carbon applied sciences;
- the manufacturing of non-traditional constructing supplies for modular and reasonably priced housing;
- biochemicals that can be utilized to provide prescribed drugs, biodegradable plastics and private care merchandise.
- Funding for the initiatives introduced immediately is supplied by Pure Sources Canada’s Inexperienced Building by Wooden (GCWood) and Funding in Forest Trade Transformation (IFIT) applications.
- GCWood encourages using modern wood-based constructing applied sciences in building tasks. This program helps advance Canada’s long-term priorities concerning greenhouse gasoline (GHG) emissions discount. Since its creation in 2017, this system has efficiently funded 16 demonstration tasks to de-risk and help the larger adoption and commercialization of wood-based merchandise within the building of tall and low-rise wooden buildings and timber bridges. As of March 2023, this system has funded 4 tall wooden constructing tasks, 10 low-rise non-residential constructing tasks and two timber bridge tasks.
- IFIT goals to create a more-competitive, resilient and sustainable forest sector by facilitating the manufacturing of value-added merchandise and the adoption of transformative applied sciences that contribute to bettering productiveness and the decarbonization of business processes. Since its creation in 2010, the IFIT program has invested over $378 million in 95 tasks throughout Canada, which help Canada’s forest sector competitiveness and environmental efficiency.
Related Hyperlinks
Observe us on LinkedIn
SOURCE Pure Sources Canada
View unique content material: http://www.newswire.ca/en/releases/archive/March2025/20/c2018.html
Market Information and Information delivered to you by Benzinga APIs