Services
Expertises
Resources
Who we are
Contact us
Open

BDC financing — Softwood Lumber Guarantee Program

Guaranteed financing for softwood lumber businesses

Offered by
Business Development Bank of Canada (BDC)
Official source: bdc.ca

Source change captured

Funding available
$ 500,000 - $ 30,000,000
Deadline
December 31, 2026
Location
Canada
Who can apply
Canadian businesses.
See full eligibility

Overview

BDC Softwood Lumber Guarantee Program supports Canadian softwood lumber businesses with guaranteed financing. It covers financing needs for softwood lumber mills and remanufacturing mills, with amounts from $500,000 to $50 million per eligible borrower group.

At a glance

Funding available

Maximum funding
$30,000,000
Minimum funding
$500,000
Financing goals
  • Develop strategic partnerships
  • Increase production or service capacity
  • Increase operational productivity
  • Optimize production processes
  • Ensure financial sustainability

Eligible candidates

Location
  • Canada
Eligible Industries
All industries
Annual revenue
$ 1,000,000 maximum revenue
Organisation size
All organization sizes
Audience
All groups
Legal structures
For-profit business

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 2

Latest changes

Program availability added through December 31, 2026

The Program Guarantee for Softwood Lumber page now shows a limited availability period through December 31, 2026, or until funds are exhausted.

See more

The Program Guarantee for Softwood Lumber page now states that the program is available until December 31, 2026, or until funding is exhausted, whichever comes first. The rest of the visible differences appear to be minor text or layout cleanup on the same program page.

Official source: bdc.ca
August 15, 2026

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.
  • Businesses that obtained financing under BDC’s Forestry Support Program liquidity support offer.

Eligible geographic areas

  • Canada

Activities funded

  • Financing needs for softwood lumber mills.
  • Financing needs for softwood lumber remanufacturing mills.

How to apply

  • Step 1: Contact primary financial institution
    • Discuss your business financing needs with your primary lender.
  • Step 2: Eligibility review
    • The financial institution validates your eligibility.
    • The financial institution processes your request and manages the loan or letter of credit.
  • Step 3: BDC guarantee coordination
    • BDC works directly with the financial institution regarding the guarantee.

Selection criteria

  • Eligibility under the program requirements.
  • Financial institution review of the request.

Processing and Agreement

  • The financial institution validates your eligibility, processes your request and manages the loans and letters of credit.
  • BDC works directly with your financial institution regarding the guarantee of any eligible loan and letter of credit.
  • Check with your financial institution for a status update on your application.
  • You will be notified directly by your financial institution.

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

1-877-232-2269

Official sources

Trade support Softwood Lumber Guarantee Program

Application form

Softwood Lumber Guarantee Program information request
Add helloDarwin as a preferred source on Google

Frequently Asked Questions about the BDC financing — Softwood Lumber Guarantee Program Program

What is the BDC financing — Softwood Lumber Guarantee Program?

BDC Softwood Lumber Guarantee Program supports Canadian softwood lumber businesses with guaranteed financing. It covers financing needs for softwood lumber mills and remanufacturing mills, with amounts from $500,000 to $50 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.

What is the deadline to apply?

The program is accepting continuous intake

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.

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