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Economy / WORLD

Canada offers up to C$50 million for digital forestry centre

Natural Resources Canada announced up to C$50 million on 14 October for a proposed Strategic Innovation Centre in Digital Forestry in New Brunswick. The initiative, led by the Northern Hardwoods Research Institute with ResearchNB, is valued at about C$86 million in total. Federal funding is conditional and subject to final due diligence.

Newsverum · Source brief1 min read

Event / data period: 2026-10-14

Published: · Updated:

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The centre is intended to develop digital tools to track fibre supply, which is exposed to risks such as wildfire and pests, and match it with manufacturers’ needs. The government says the forest sector supports nearly 200,000 jobs and contributed C$23.5 billion to GDP in 2024. The announcement concerns a proposed centre; it does not report a completed facility or realised job outcomes.

Data

Table

Funding figures in the announcement

Proposed funding for the New Brunswick digital-forestry centre.

Maximum federal investment50
Approximate total cost of proposed centre86
Methodology

The source gives federal funding of up to C$50 million and an approximate total proposed centre cost of C$86 million. The federal contribution is conditional and subject to final due diligence. The source separately reports nearly 200,000 forest-sector jobs.

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  • Canada · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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