Closed
BDC financing — Softwood Lumber Guarantee Program
Guaranteed financing for softwood lumber businesses
Last Update: April 21, 2026
Funding available
$ 500,000 - $ 30,000,000
Timeline
- Receipt of requests is now closed
Location
Canada
Overview
BDC supports Canadian softwood lumber businesses through guaranteed term loans and letters of credit. The program supports financing needs for softwood lumber mills and remanufacturing mills, with amounts from $500,000 to $30 million per eligible borrower group.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Increase production or service capacity
- Increase operational productivity
Eligible Funding
- Maximum amount : 30,000,000 $
- Minimum amount : 500,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Manufacturing
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- $ 1,000,000 maximum revenue
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Financing needs for softwood lumber mills.
- Financing needs for softwood lumber remanufacturing mills.
Eligibility
Who is eligible?
- Canadian businesses.
- Softwood lumber mills.
- Softwood lumber remanufacturing mills.
Who is not eligible
- Businesses outside the softwood lumber mill and remanufacturing mill segments.
- Businesses whose main operations do not relate to softwood lumber.
Eligible geographic areas
- Canada
Processing and Agreement
- Contact your primary financial institution to start the process.
- The financial institution checks eligibility and manages the request.
- BDC works with the financial institution to provide the guarantee.
- You are notified by your financial institution if the request is declined.
Additional information
- The program is offered through participating financial institutions.
- BDC works directly with the financial institution on the guarantee.
- The program is subject to its terms and conditions.
Contacts
Frequently Asked Questions about the BDC financing — Softwood Lumber Guarantee Program Program
Here are answers to the most common questions about the BDC financing — Softwood Lumber Guarantee Program. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the BDC financing — Softwood Lumber Guarantee Program?
BDC supports Canadian softwood lumber businesses through guaranteed term loans and letters of credit. The program supports financing needs for softwood lumber mills and remanufacturing mills, with amounts from $500,000 to $30 million per eligible borrower group.
How much funding can be received?
BDC financing — Softwood Lumber Guarantee Program Funds up to $30,000,000 of admissible expenses.
Who is eligible for the BDC financing — Softwood Lumber Guarantee Program program?
To be eligible for the BDC financing — Softwood Lumber Guarantee Program program, you must:
Canadian business.
Softwood lumber mill or remanufacturing mill.
Minimum annual revenue of $1M.
What expenses are eligible under BDC financing — Softwood Lumber Guarantee Program?
Financing needs for softwood lumber mills.
Financing needs for softwood lumber remanufacturing mills.
Who can I contact for more information about the BDC financing — Softwood Lumber Guarantee Program?
You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.
Where is the BDC financing — Softwood Lumber Guarantee Program available?
The BDC financing — Softwood Lumber Guarantee Program program is available across Canada.
Is the BDC financing — Softwood Lumber Guarantee Program a grant, loan, or tax credit?
BDC financing — Softwood Lumber Guarantee Program is a Loans and Capital investments