Sections
Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Cattle - Hogs / Livestock News
Interest Futures News
Metals Futures News
Reports: Crops, CFTC, etc
Soft Commodities News

Futures and Commodity Market News

Canada backs Indigenous-led growth in Prairie forest sectors

WINNIPEG, MB, Oct. 24, 2025 (CNW Group via COMTEX) --

The Government of Canada is taking action to strengthen the forest sectors of Manitoba, Saskatchewan and Alberta by putting Indigenous leadership and participation at the forefront of a more sustainable, inclusive and competitive future. 

Today, the Honourable Rebecca Chartrand, Minister of Northern and Arctic Affairs, on behalf of the Honourable Tim Hodgson, Minister of Energy and Natural Resources, announced over $5.4 million for 28 projects across the Prairies that will accelerate Indigenous participation and leadership in the forest sector, create good jobs and promote the use of wood-based products in construction.   

The announcement includes an investment of $1 million for the Wehwehneh Bahgahkinahgohn project led by the Southern Chiefs' Organization Inc. The project will repurpose the iconic Hudson's Bay heritage building at 450 Portage Avenue in old downtown Winnipeg into an innovative, multi-use facility that will include affordable residential units, offices and commercial space to foster First Nations entrepreneurship. Funding provided through Natural Resources Canada's Green Construction Through Wood program will support the design, engineering and construction of a six-storey atrium roof system for the facility using Canadian mass timber solutions.

The funding announced today builds on Prime Minister Mark Carney's August 5 announcement of $500 million to make Canada's forest sector more competitive in the long term, including support for Indigenous-led business development.

The Government of Canada stands with the forest sector and the hardworking people who depend on it. The investments announced today will drive leadership, innovation and sustainable practices, emphasizing the essential role of Indigenous knowledge and stewardship in shaping a resilient economy.

Quotes

"Canada's innovative, sustainable forest sector supports communities in Manitoba, Alberta and Saskatchewan and across the country and provides the material we need to build our nation. Our natural resources are Canada's power, and the federal government is proud to support Indigenous leadership and all hardworking Canadians in the sector."

The Honourable Tim Hodgson Minister of Energy and Natural Resources Canada

"Our natural resources are Canada's natural advantage. We're not just supporting our forest sector â?? we're building a stronger, more sustainable future together, and I congratulate the Southern Chiefs' Organization for this outstanding project."

The Honourable Rebecca ChartrandMinister of Northern and Arctic Affairs and Minister responsible for the Canadian Northern Economic Development Agency

"Canada's forest sector plays a vital role in our national economy, supporting thousands of jobs and families across the country, and plays a key role in achieving our affordable housing objectives. It is more important than ever to support Canadian businesses as they innovate, diversify and expand into new markets, and this includes support for Indigenous participation and leadership  in this critical sector."

Corey HoganParliamentary Secretary to the Minister of Energy and Natural Resources Canada

"Wehwehneh Bahgahkinahgohn is a living symbol of what reconciliation looks like in action. This support from Canada recognizes the power of First Nations-led development and innovation. By using sustainable wood and Indigenous design, we are transforming the iconic building into a place of hope, opportunity and renewal for generations to come." 

Jerry DanielsGrand Chief, Southern Chiefs Organization

Quick Facts

Related Products

Associated Links  

Follow Natural Resources Canada on LinkedIn.

SOURCE Natural Resources Canada

SOURCE: Natural Resources Canada

SOURCE: Government of Canada

Contacts: Natural Resources Canada, Media Relations, 343-292-6096,
media@nrcan-rncan.gc.ca; Greg Frame, Office of the Minister of Energy and Natural
Resources, Gregory.Frame@nrcan-rncan.gc.ca
comtex tracking

COMTEX_469770626/2197/2025-10-24T12:00:00

Copyright (C) 2025 CNW Group. All rights reserved.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.


Extreme Futures: Movers & Shakers

Hottest

Actives

Gainers

Today's Hottest Futures
Market Last Vol % Chg
Loading...

close_icon
open_icon