British Columbia is more than doubling the forestry revenues that will be shared with First Nations as part of the work to co-develop a new forestry revenue-sharing model.

A new Forestry Innovation Investment (FII) office in Vietnam will help drive trade opportunities and sustainable jobs in B.C.’s forestry sector while offering greater protection from market volatility and other global challenges.

The Province is launching the Mass Timber Action Plan and announcing funding for four new mass-timber housing and infrastructure projects as a key step in the StrongerBC Economic Plan.

The Province and First Nations throughout B.C. are working in partnership to defer logging of old growth, while developing a new approach to sustainable forest management.

New legislation will modernize B.C. law for liens so that service providers can more easily understand and use liens and their customers can protect their rights to their own property.

Budget 2022 reflects the choices government is making that are needed to build a stronger B.C. and make life better for people, by investing in B.C.’s economic, environmental and social strengths.