Canadian Wood Council and Woodsure launch new partnership

ReNew Canada
September 27, 2024
Category: Finance & Economics
Region: Canada

The Canadian Wood Council (CWC) and Woodsure (A division of Axis Insurance Managers Inc.) announced a new partnership between their WoodWorks and Woodsure programs respectively. This strategic collaboration is expected to help support the increased adoption of wood construction in Canada. The positive influences of design innovation, advanced materials, new building codes, and the evolving priorities of society are driving change in the construction sector; in particular, these influences are driving the expanded use of advanced wood construction… However, as with the adoption of any new technology, perceived unknowns can create barriers that need to be to overcome. One such barrier is access to insurance for this new class of technologically advanced wood buildings.

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