Access programs for businesses
Forestry Innovation Rebate Program
Forestry companies can now apply for a new rebate program on capital projects that will help them grow, diversify and increase their competitiveness in local and global markets. The program offers a rebate of 25 per cent of eligible capital projects worth between $1 million and $15 million. Companies could be eligible for a maximum rebate of $3.75 million.
Eligible projects could include:
- improved production processes or by-product stream processing
- establishing new forestry sector production facilities that strengthen regional economies
- diversification of product range and value-added products
- production capacity to enter new markets and/or for new products
- identifying new uses and new markets for wood fibre and projects that enhance exports
Government will fund the rebate program with $5 million in both 2020-21 and 2021-22.
For more information and to apply, visit the NSBI program page.
Renewed Timber Loan Board
The Nova Scotia Timber Loan Board now has improved lending terms, eligibility and a revised fee structure. The latest improvements address needs experienced most acutely by small and medium sized enterprises central to the forestry sector. The Timber Loan Board can provide financing for buildings and equipment, developing business cases, upgrading facilities and land purchases at market interest rates. Loans are administered by the Department of Agriculture’s Crown Lending Agency that also supports the Nova Scotia Farm Loan Board and the Fisheries and Aquaculture Loan Board. For more information, visit https://novascotia.ca/farmloan/timberloan/
Silviculture and Roadwork for Forestry Sector
The Department of Lands and Forestry is helping to keep people working with a commitment to spend $7 million more this year on silviculture and road work on Crown and private lands. Contractors and woodlot owners can apply for additional funding for these purposes.
The Forestry Transition Team, forestry groups and private landowners provided input into how the funding should be used. On private land, the department is providing funding to the Association of Sustainable Forestry ($3.5 million) and Forest Nova Scotia ($1 million) to administer the programs. On Crown land, the department will spend $1 million on silviculture treatments consistent with the ecological forestry model and $1.5 million to upgrade the Crown land road system.
Small scale wood heat
The Department of Lands and Forestry is moving ahead with new, efficient wood chip heating systems that use wood chips from private woodlots for 6 public buildings. The wood heat systems should be operating by the end of November 2020, in time for the next heating season. Additional sites will be added in the future. For more information, visit the ecological forestry website.
Nova Scotia’s Business Navigators give businesses personalized and timely help with navigating provincial regulations and requirements. They can help with needs such as registering a business, determining what permits and licenses are required to operate a business, understanding inspection requirements, and finding resources to assist with financing, taxes, staffing and other needs.
Support for Businesses During COVID-19
Help is available for businesses facing economic hardship because of COVID-19. Forestry businesses wishing to access any COVID-19 support programs should inform provincial officials so that we may work together to navigate through this challenging time. The province is committed to free and fair trade, and while global pandemics do not alleviate countries of their international trade obligations, the province is committed to seeing that our economy can weather the storm.
- Government of Nova Scotia supports for businesses
- Government of Canada funding and other resources available for businesses
- Information on assistance available through Export Development Canada
- Information on assistance available through Business Development Bank of Canada
Selling your land to the province
The Department of Lands and Forestry is always looking to increase its public lands by acquiring property that meets the department’s program values and criteria as it becomes available. This is an interim measure to help address the unique and immediate needs of the forestry sector.
The department has a set of criteria it uses to evaluate proposals to ensure it is of appropriate value to the public. Priorities include:
- land with biodiversity values
- lands that provides accessibility and trail connectivity for existing Provincial Park lands
- forestry and potential forestry land
- land that secures boundaries
- land adjoining government owned land and inholdings
How to Apply
You can apply online or download an application form. More information is available at https://novascotia.ca/natr/land/clo/selling.asp.