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Source verified September 8, 2026
Forestry Support Program — Transformation support
Strategic financing for forestry manufacturers
Funding available
$ 1,000,000 - $ 25,000,000
Deadline
December 31, 2026
Location
Canada
Overview
Forestry Support Program — Transformation support offers Canadian forestry manufacturers financing of up to $25 million to support strategic transformation, productivity gains and long-term competitiveness. Eligible initiatives include automation, AI, equipment, mergers, acquisitions and partnerships, with advisory support to help build or validate a transformation plan.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Increase operational productivity
Eligible Funding
- Maximum amount : 25,000,000 $
- Minimum amount : 1,000,000 $
- Up to 100% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Canada
Legal structures
- For-profit business
Annual revenue
- $ 1,000,000 minimum revenue
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Availability timeline
2026
Periods: 2
Activities funded
- Automation and AI adoption.
- Equipment acquisition.
- Strategic growth initiatives such as mergers, acquisitions or partnerships.
- Projects that improve productivity, competitiveness or market diversification.
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
Official resources
Eligibility
Who is eligible?
- Forestry manufacturers.
Who is not eligible
- Forestry service companies, such as companies harvesting lumber and forestry transportation.
Eligible geographic areas
- Canada
How to apply
- Share some info with BDC about the business, projects and challenges.
- Speak with an expert so BDC can better understand the situation.
- Get a tailored proposal including solutions, deliverables, budget and timelines.
Processing and Agreement
- BDC Advisory Services will review the transformation plan to ensure it meets the required best practices before financing is approved.
- After the online application form is completed, a representative will contact the applicant to request additional documentation.
Additional information
- This stream includes advisory support alongside financing.
Frequently Asked Questions about the Forestry Support Program — Transformation support Program
What is the Forestry Support Program — Transformation support?
Forestry Support Program — Transformation support offers Canadian forestry manufacturers financing of up to $25 million to support strategic transformation, productivity gains and long-term competitiveness. Eligible initiatives include automation, AI, equipment, mergers, acquisitions and partnerships, with advisory support to help build or validate a transformation plan.
How much funding can be received?
Forestry Support Program — Transformation support 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 Forestry Support Program — Transformation support program?
To be eligible for the Forestry Support Program — Transformation support program, you must:
The applicant must be a forestry manufacturing business.
The business must be based and headquartered in Canada with operations in Canada.
The business must have annual sales of $1M or more and have been in operation for at least 36 months.
What expenses are eligible under Forestry Support Program — Transformation support?
Automation and AI adoption.
Equipment acquisition.
Strategic growth initiatives such as mergers, acquisitions or partnerships.
Projects that improve productivity, competitiveness or market diversification.
Who can I contact for more information about the Forestry Support Program — Transformation support?
You can contact Business Development Bank of Canada (BDC).
Where is the Forestry Support Program — Transformation support available?
The Forestry Support Program — Transformation support program is available across Canada.