The federal government is funding the Mass Timber Company (MTC) to support its move to technology-driven manufacturing that will create high-value mass timber products in Nova Scotia.

Through an investment of $500,000, MTC will advance the detailed design of Canada’s first large-scale, clear-span mass timber manufacturing structure to house a new industrial plant. Once constructed, MTC will be Canada’s first vertically integrated mass timber manufacturer in Atlantic Canada, allowing further growth of the region’s offsite building construction sector and improving access to housing for Nova Scotians.

MTC was also conditionally approved for $10 million in federal support, subject to the required due diligence measures and the negotiation of a final agreement by both parties.

This project would add value to the lumber products produced by the company in Nova Scotia, using next-generation technology to strengthen the forest sector in the province. The project would also create 124 new local jobs while opening new economic avenues for manufacturing locally grown eastern spruce lumber.