The B.C. government is expanding weight allowances for low-carbon commercial vehicles.

A first-of-its-kind $500-million strategic investment fund will provide B.C.-based businesses with capital to position the province as a front-runner in the post-pandemic economy.

Budget 2021 focuses on protecting people’s health and livelihoods through the pandemic, while making investments in services, infrastructure and opportunities to support a strong recovery and a brighter future for everyone.

Lt. Gov. Janet Austin has delivered the speech from the throne outlining government’s commitment to supporting people, businesses and communities, while working to put the pandemic behind British Columbians and build a strong recovery for everyone.

The Province is providing funding for 12 mass timber demonstration and research projects and has established a new advisory council to accelerate the adoption of mass timber building systems, as part of the Province’s economic recovery.