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.

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.

British Columbia is launching a stronger, more ambitious climate plan to deliver on its commitment to reduce climate pollution and build a cleaner, stronger economy for people throughout B.C.

The City of New Westminster is joining the growing list of B.C. municipalities participating in the Province’s Tall Wood Initiative that allows the construction of 12-storey mass timber buildings.

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.

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.