EAST HANTS, NS, Mar 20, 2025 (CNW Group via COMTEX) --
Clean technologies play a large and growing role in Canada's forest sector. By increasing the efficiency of forest sector technologies, we can grow Canada's economy at a critical time â?? without growing emissions from the manufacturing sector. Developing and deploying new clean technologies and solutions helps to assert Canadian economic autonomy, while fighting climate change and creating good new jobs.
Today, the Honourable Kody Blois, Minister of Agriculture and Agri-Food and Rural Economic Development, announced federal funding for MTC Mass Timber Company (MTC) to support its move to technology-driven manufacturing that will create high-value mass timber products in Nova Scotia.
Through an investment of $500,000, MTC will advance the detailed design of Canada's first large-scale, clear-span mass timber manufacturing structure that would house a new industrial plant. Once constructed, MTC will be Canada's first vertically integrated mass timber manufacturer in Atlantic Canada, allowing further growth of the region's offsite building construction sector and improving access to housing for Nova Scotians.
MTC was also conditionally approved for $10 million in federal support, subject to the required due diligence measures, and the negotiation of a final agreement by both parties, to:
Ultimately, this project would add value to the lumber products produced by the company in Nova Scotia, using next-generation technology to strengthen the forest sector in the province. The project would also create 124 new local jobs while opening new economic avenues for the use of locally grown eastern spruce lumber in manufacturing.
The Government of Canada will always stand up for Canadians and Canadian industry, and that very much includes the forest sector. The project announced today will support leadership, innovation and sustainable practices in the forest sector while creating significant economic and environmental benefits for Nova Scotians and Canadians.
Quotes
"Through our Green Construction through Wood and Investment in Forest Industry Transformation programs, we are continuing to support Canada's forest sector to implement innovative technologies that increase efficiency and capacity, lower emissions and create good, sustainable jobs. Today's investments are excellent examples of how we can continue to reduce emissions while helping to ensure the long-term sustainability of the lumber industry in Nova Scotia."
The Honourable Jonathan WilkinsonMinister of Energy and Natural Resources
"We're blessed with some incredible natural resources here in Nova Scotia, and our forestry sector is certainly no exception. By investing in Canadian companies, like MTC Mass Timber Company, and helping to create more Canadian products, we're setting our country â?? and our local economies in places like East Hants â?? up for success."
The Honourable Kody BloisMinister of Agriculture and Agri-Food and Rural Economic Development, and Member of Parliament for Kingâ??Hants
"Establishing mass timber manufacturing in Nova Scotia will complete Canada's nationwide mass timber supply chain. The Mass Timber Company (MTC) will be one of the world's most advanced manufacturing facilities, producing cross-laminated timber and high-strength glue-laminated timber. By adding 2.5 million square feet of annual construction capacity, MTC will help meet the growing demand for low-carbon building solutions, from homes to healthcare facilities. At the same time, it will create a true circular economic solution â?? maximizing the value of our forests from tree to city."
Patrick CrabbePresident and CEO, Mass Timber Company
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SOURCE Natural Resources Canada
SOURCE: Natural Resources Canada
SOURCE: Government of Canada
Contacts: Natural Resources Canada, Media Relations, 343-292-6069,
media@nrcan-rncan.gc.ca; Joanna Sivasankaran, Director of Communications, Office of
the Minister of Energy and Natural Resources Canada,
joanna.sivasankaran@nrcan-rncan.gc.ca
COMTEX_463794838/2197/2025-03-20T17:25:00
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