Chapter 1 · 1.3 Unlocking the full potential of Canada's natural resources
Strengthening Canada's forest sector
Program spendingIncludes capital investment
$2.22B net impact on the budgetary balance over five years, 2026-27 to 2030-31.
The cost line
| Line | 2026-27 | 2027-28 | 2028-29 | 2029-30 | 2030-31 | Total |
|---|---|---|---|---|---|---|
| Strengthening Canada's forest sector | … | 554 | 554 | 554 | 554 | 2,216 |
… no change to existing funding or no fiscal implication · – a further extension will be considered later · 0* less than $0.5 million. Positive numbers cost the budget (spending or forgone revenue); negative numbers improve it.
What the budget says
“In 2025, the sector contributed $29.7 billion to Canada's GDP.”
Budget 2026, p. 137 (PDF p. 147)
Amounts named in the text
Stated amounts can cover different periods, cash or accrual bases, previously announced money and loans. They are not additive with the cost line above.
- $29.7 billion
- $500 million over six years, starting in 2027-28
- $2 billion over six years, starting in 2027-28
- $4 billion over six years, starting in 2027-28
Also in this section
- Bringing critical minerals from mine to market$1.35BProgram spendingTradesInvestmentEnergy & resources