New government incentives set to spur mass-timber development in B.C.

By Claire Wilson
Business in Vancouver
April 4, 2024
Category: Wood, Paper & Green Building
Region: Canada, Canada West

Driven by government initiatives and rising industry interest, B.C.’s country-leading mass-timber industry is poised for a new chapter of development. New incentives from the City of Vancouver and the provincial government are expected to drive the development of more buildings. At the same time, there is growing interest within the private development community to take on mass-timber projects, said Robert Malczyk at Timber Engineering. …Sarah Bingham, with Adera Development, said that there are more projects “seriously contemplating and putting in applications.” Grant Newfield, at RJC Engineers, said “We’re in that stage of an evolving [industry], but it’s still going to be a five-year period to see it get to a more mature level.” …Vancouver will also be hosting the global mass-timber conference—Woodrise International Congress—in 2025. “It’s just a tidal wave of interest in mass timber, corporate offices, other types of buildings, and the issue is now with supply,” said Malczyk.

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