Madam Chair, one thing I really want to thank my colleague for is talking about the importance of indigenous-led forestry companies and the role they play.
There is a new forestry company that just launched last week called Iskum, which is basically a consortium of over 20 first nations in coastal British Columbia. It is led by Chief John Jack of the Huu-ay-aht Nation and the former elected chief, Robert Dennis.
We know the forest industry currently employs about 10,000 indigenous individuals, both directly and indirectly. It is crucial to provide more support for economic opportunities in indigenous and rural communities, fostering the development of the forest bioeconomy and encouraging diverse partnerships and collaborations.
The indigenous natural resource partnerships program led by Natural Resources Canada needs to be expanded. If this is done, it could play a crucial role in supporting projects related to forest management, workplace training and the production of conventional forest products. Especially, investing in the forest bioeconomy will establish community-based employment and businesses promoting diversification and scalability.
Does my colleague agree that the federal government needs to invest in renewing and expanding the Natural Resources Canada program as a broader strategy for the sector?