On Jan 15, 2026, Canada and China renewed a long-standing framework for cooperation on modern wood construction and low-carbon urban development with the signing of a Memorandum of Understanding between Natural Resources Canada and China’s Ministry of Housing and Urban-Rural Development (MOHURD). The agreement was signed in Beijing by NRCan Minister Tim Hodgson and MOHURD Minister Ni Hong, in the presence of Canadian Prime Minister Mark Carney and Chinese Premier Li Qiang. The Government of British Columbia is a signatory to the MOU, represented through a previously executed original signed by B.C. Minister of Forests Ravi Parmar. The renewed MOU builds on more than a decade of collaboration between the two countries aimed at advancing sustainable building practices and promoting the use of wood as a low-carbon construction material. Forestry Innovation Investment (FII), has played a central role in supporting and operationalizing this cooperation through sustained policy engagement, technical exchange and in-market coordination.