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BDC Forestry Support Program

Financing and advisory support for forestry businesses

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

Source change captured

Funding available
$ 250,000 - $ 25,000,000
Up to 100% of project cost
Deadline
December 31, 2026
Location
Canada
Who can apply
Forestry manufacturers and service companies can apply for Liquidity support.
See full eligibility

Overview

BDC's Forestry Support Program helps Canadian forestry manufacturers and service companies manage trade uncertainty and economic pressure with financing and advisory support, offering up to $25 million depending on the option. It can support working capital, debt or lease payments, automation, AI, equipment upgrades, and strategic growth projects such as partnerships or mergers.

At a glance

Funding available

Maximum funding
$25,000,000
Minimum funding
$250,000
Maximum share of project costs
100%
Financing goals
No objectives are currently available

Eligible candidates

Location
  • Canada
Eligible Industries
All industries
Annual revenue
$ 2,000,000 minimum revenue
Organisation size
All organization sizes
Audience
  • Canadians
Legal structures
All legal structures

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

BDC Forestry Support Program eligibility broadened

BDC lowered the minimum annual revenue threshold from $2M to $1M and updated the Forestry Support Program pages and forms to reflect the revised eligibility and application flow.

See more

BDC’s Forestry Support Program now shows a lower minimum annual revenue threshold of $1M instead of $2M across the liquidity support and transformation support pages and forms. The program page also now separates the two solutions more clearly, adding distinct eligibility, use-of-funds, loan-limit, and support details for each offer. The application flow was updated with direct eligibility links and reworded intake questions, including asking when funds should be available rather than when they are needed. The program page also now tells applicants who do not qualify to use BDC’s tariff resources or contact their regional development agency.

Official source: bdc.ca
September 30, 2026

Eligibility

Who is eligible?

  • Forestry manufacturers and service companies can apply for Liquidity support.
  • Forestry manufacturers can apply for Transformation support.

Who is not eligible

  • Forestry service companies cannot access Transformation support.
  • Businesses in the softwood lumber mills or remanufacturing sectors that have obtained support through the Softwood Lumber Guarantee Program cannot access Liquidity support.

Eligible expenses

  • Working capital and operational cash-flow needs, including regularly scheduled monthly debt or lease payments.

Ineligible Costs and Activities

  • Transformation support is not available to forestry service companies, such as companies harvesting lumber and forestry transportation.
  • Businesses in the softwood lumber mills or remanufacturing sectors that have obtained support through the Softwood Lumber Guarantee Program cannot access Liquidity support.

Eligible geographic areas

  • Canada.

Activities funded

  • Investment projects that improve productivity, competitiveness or market diversification.
  • Investments in automation, AI and equipment.
  • Strategic growth initiatives such as partnerships, mergers and acquisitions.

How to apply

  • Start your request online and tell BDC about your challenges and business to see if you’re eligible.
  • Speak with an expert to assess your needs with an advisor.
  • If approved, BDC will send you a loan offer based on your financial needs and capabilities.
  • For Transformation support, share information about your business, projects, and challenges.
  • BDC will contact you to better understand your situation and how its consulting services can help.
  • BDC will put together a proposal including solutions, deliverables, budget, and timelines; no financial commitment is made until you sign off.

Documents Needed

  • An organizational chart
  • 3 years of financial statements, including interim FIs, if applicable
  • Recent financial statements including cash-flow statements
  • Borrowing based information and compliance certificate
  • Tariff-related requirements and supporting information for finished wood product manufacturers

Selection criteria

  • Direct or indirect negative material impact from U.S. tariffs, related uncertainty, or the economic downturn.
  • Viable before the tariff measures.
  • Financial stress or financial decline, depending on the forestry segment.
  • Relevant forestry activity and revenue share for service businesses.

Processing and Agreement

  • After you complete the online application form, a BDC representative will contact you to request additional documentation.
  • If approved, BDC will send you a loan offer based on your financial needs and capabilities.
  • For Transformation support, BDC Advisory Services will review the transformation plan to ensure it meets the required best practices before financing is approved.
  • For transformation applications, BDC will put together a proposal including solutions, deliverables, budget, and timelines, and there is no financial commitment until you sign off.

Additional information

  • Businesses with revenues below $2M can contact Canada’s Regional Development Agencies to identify regionally tailored funding and support programs.
  • If you have already obtained support through the Softwood Lumber Guarantee Program, you may still be eligible for Transformation support, but not Liquidity support.
  • More detailed documents could be required depending on your specific sub-sector.

Contacts

1-877-232-2269

Official sources

Forestry Support Program

Program guide

Liquidity supportTransformation support

Application form

Business loan information requestForestry Support ProgramForestry Support Program
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Frequently Asked Questions about the BDC Forestry Support Program Program

What is the BDC Forestry Support Program?

BDC's Forestry Support Program helps Canadian forestry manufacturers and service companies manage trade uncertainty and economic pressure with financing and advisory support, offering up to $25 million depending on the option. It can support working capital, debt or lease payments, automation, AI, equipment upgrades, and strategic growth projects such as partnerships or mergers.

How much funding can be received?

BDC Forestry Support Program Funds up to 100% of admissible expenses, capped at $25,000,000 per project.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the BDC Forestry Support Program program?

To be eligible for the BDC Forestry Support Program program, you must: Headquartered in Canada At least 3 years in operation Annual revenues of $2M or more

What expenses are eligible under BDC Forestry Support Program?

Working capital and operational cash-flow needs, including regularly scheduled monthly debt or lease payments.

Who can I contact for more information about the BDC Forestry Support Program?

You can contact Business Development Bank of Canada (BDC) or by phone at 1-877-232-2269.

Where is the BDC Forestry Support Program available?

The BDC Forestry Support Program program is available across Canada.