Closed
BDC Forestry Support Program
Financing and advisory support for forestry businesses
Last Update: June 6, 2026
Funding available
$ 250,000 - $ 25,000,000
Timeline
- Receipt of requests is now closed
Location
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon, Canada
Overview
BDC offers financing and advisory support for Canadian forestry businesses. It supports cash flow, equipment investment, automation, AI adoption, and strategic transformation, with maximum financing up to $25 million depending on the segment.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- No objectives are currently available
Eligible Funding
- Maximum amount : 25,000,000 $
- Minimum amount : 250,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- Manufacturing
Location
- Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon
Legal structures
- All legal structures
Annual revenue
- $ 2,000,000 minimum revenue
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Working capital support to maintain operations.
- Modernization projects for forestry manufacturing.
- Automation and AI adoption.
- Equipment investments to improve productivity and competitiveness.
- Partnership, merger, or acquisition analysis.
Documents Needed
- Organization chart
- Three years of financial statements
- Recent financial statements, including cash flow statements
- Borrowing information and compliance certificate
- Tariff-related supporting information for finished wood product manufacturers
Eligibility
Who is eligible?
- Canadian forestry manufacturers.
- Forestry service companies involved in harvesting or transportation.
- Softwood lumber mills and remanufacturers.
- Pulp and paper mills.
- Finished wood products manufacturers.
Who is not eligible
- Businesses with less than 36 months in operation.
- Businesses with annual sales below $2M.
- Businesses that already received a loan guarantee under the Softwood Lumber Guarantee Program, for another loan under that program.
- Transformation support is not available to non-manufacturing businesses.
Eligible expenses
- Working capital and operating cash flow needs.
- Regular debt and lease payments.
- Equipment investments.
Ineligible Costs and Activities
- General use outside operational cash flow needs for liquidity support.
- Borrowers who already received support under the Softwood Lumber Guarantee Program, for additional loans in that program.
- Transformation support is not for non-manufacturing businesses.
Eligible geographic areas
- Canada.
Processing and Agreement
- Applications are reviewed after submission.
- A BDC representative contacts the applicant for additional information if needed.
- Support is subject to approval.
- Loan terms and conditions apply before funding is finalized.
Additional information
- BDC may review your business needs and offer tailored financing solutions.
- Other BDC or government support programs may be used where permitted, except the Softwood Lumber Guarantee Program in certain cases.
- Advisory services are available for financial management, operational efficiency, and strategic planning.
Contacts
Frequently Asked Questions about the BDC Forestry Support Program Program
Here are answers to the most common questions about the BDC Forestry Support 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 Forestry Support Program?
BDC offers financing and advisory support for Canadian forestry businesses. It supports cash flow, equipment investment, automation, AI adoption, and strategic transformation, with maximum financing up to $25 million depending on the segment.
How much funding can be received?
BDC Forestry Support Program Funds up to $25,000,000 of admissible expenses.
Who is eligible for the BDC Forestry Support Program program?
To be eligible for the BDC Forestry Support Program program, you must:
Canadian headquarters
3+ years operating
$2M+ annual revenue
What expenses are eligible under BDC Forestry Support Program?
Working capital support to maintain operations.
Modernization projects for forestry manufacturing.
Automation and AI adoption.
Equipment investments to improve productivity and competitiveness.
Partnership, merger, or acquisition analysis.
Who can I contact for more information about the BDC Forestry Support Program?
You can contact Business Development Bank of Canada (BDC) by email at none or by phone at +18772322269.
Where is the BDC Forestry Support Program available?
The BDC Forestry Support Program program is available the province of Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Nova Scotia, Northwest Territories, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon.
Is the BDC Forestry Support Program a grant, loan, or tax credit?
BDC Forestry Support Program is a Partnering and Collaboration