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Canada Procurement News Notice - 69577


Procurement News Notice

PNN 69577
Work Detail A new comprehensive report, The Mass Timber Roadmap, unveiled by The Transition Accelerator outlines an ambitious and strategic vision for the future of mass timber in Canada and its potential to transform green construction and drive economic growth across the country. Developed in partnership with Canadian Wood Council (CWC), Forest Products Association of Canada (FPAC), and Energy Futures Lab (EFL), The Mass Timber Roadmap comes after more than a decade of collaborative efforts to unlock and demonstrate potential of mass timber and lays out a visionary plan to increase the mass timber market – both domestic and exports – to $1.2 billion by 2030 and to $2.4 billion by 2035. “The potential for Canadian wood products to reduce the carbon footprint of the built environment and drive the growth of a sustainable and prosperous wood industry is immense; however, global competition to capitalize on the significant economic opportunities mass timber presents in the transition to a lower-carbon world will require us to act swiftly to stay competitive and meet rapidly emerging domestic demand,” said Rick Jeffery, Canadian Wood Council (CWC). This ambitious growth aligns with increasing market demand in North America and around the world. By leveraging the power of mass timber solutions, Canada has a unique opportunity to enable the construction of residential and commercial structures at greater speeds, with lower costs, and with a lighter carbon footprint; all while capturing a share of the rapidly growing global market. “The mass timber sector provides a perfect example of how Canada can add value to its primary resources through innovative technologies and advanced skills. If we act strategically and quickly, we have the opportunity to build an industry that reduces emissions, addresses urgent needs, and positions Canada to win in emerging global value chains,” said Derek Eaton, The Transition Accelerator. Achieving targets laid out in The Mass Timber Roadmap requires coordinated efforts across three critical action areas and the report provides actionable next steps, including: Public-Private Collaboration: The Mass Timber Roadmap calls for a partnership between public and private sectors to develop and advance a comprehensive policy package that will enhance the value of Canada’s forest resources while building domestic capacity along the supply chain. Standardization: There is a need to standardize building archetypes, wood specifications, and connectors throughout the supply chain to streamline processes and reduce costs. Skills Development: Implementing a robust skills development plan that encompasses all aspects of the supply chain is essential to support the sector’s growth. “To build a world-class mass timber sector, Canada must adopt a strategic approach to ensure we can compete and win globally. This is about smart policy here at home and bringing more Canadian wood to our cities and to the world. By enabling faster, cost-effective, and environmentally-friendly construction with mass timber we can grow jobs, help address the affordable housing crunch, and reduce emissions,” said Kate Lindsay, Forest Products Association of Canada (FPAC).
Country Canada , Northern America
Industry Construction
Entry Date 15 Jun 2024
Source https://www.renewcanada.net/canadas-blueprint-for-mass-timber-success-unveiled/

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