Smart Prosperity Institute research identifies three priorities to seize the economic opportunity of mass timber in British Columbia
However, stakeholders in British Columbia (BC) are exploring mass timber as a potential driver of economic growth.
- However, stakeholders in British Columbia (BC) are exploring mass timber as a potential driver of economic growth.
- If this sector continues to grow, mass timber can be a source of investment and employment for rural and resource-dependent communities by invigorating the forestry industry and diversifying local economies.
- The decline in the forestry sector has resulted in job losses across British Columbia, but a thriving mass timber sector could help generate novel growth opportunities in small Northern communities.
- As of 2023, more than 350 mass timber projects have been built or are under construction across the province.