Canada and British Columbia strike new cooperative prosperity partnership

By Office of the Prime Minister
The Government of Canada
July 2, 2026
Category: Business & Politics
Region: Canada, Canada West

The Prime Minister, Mark Carney, and the Premier of British Columbia, David Eby, signed the new Canada-British Columbia Cooperative Prosperity Agreement. …Both governments share a fundamental belief that this is the moment to leverage our domestic advantages to build a stronger Canada. To that end, British Columbia and Canada agree to pursue a series of actions that grow the BC and Canadian economies. …Canada and BC commit to concrete and practical measures to stabilise, transform and strengthen the sector. That work will include measures to modernise operations, support simplified and efficient access to fibre, attract investment, expand the use of wood in construction, grow value-added production, and diversify export markets, while ensuring environmental sustainability and responsible forest stewardship. This work will be carried out based broadly on the objectives of the Final Report of the Canadian Forest Sector Transformation Task Force, and Canada’s Action Plan to Transform Canada’s Forest Sector.

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