Species identification in Quebec, Canada, is usually performed with photo-interpretation at the stand level, and often results in a lack of precision which affects forest management. Very high spatial resolution imagery, such as WorldView-3 and Light Detection and Ranging have the potential to overcome this issue. The main objective of this study is to map 11 tree species at the tree level using an object-based approach. For modeling, 240 variables were derived from WorldView-3 with pixel-based and arithmetic feature calculation techniques. A global approach (11 species) was compared to a hierarchical approach at two levels: (1) tree type (broadleaf/conifer) and (2) individual broadleaf (five) and conifer (six) species. Five different model techniques were compared: support vector machine, classification and regression tree, random forest (RF), k-nearest neighbors, and linear discriminant analysis. Each model was assessed using 16-band or first 8-band derived variables, with the results indicating higher precision for the RF technique. Higher accuracies were found using 16-band instead of 8-band derived variables for the global approach (overall accuracy (OA): 75% vs. 71%, Kappa index of agreement (KIA): 0.72 vs. 0.67) and tree type level (OA: 99% vs. 97%, KIA: 0.97 vs. 0.95). For broadleaf individual species, higher accuracy was found using first 8-band derived variables (OA: 70% vs. 68%, KIA: 0.63 vs. 0.60). No distinction was found for individual conifer species (OA: 94%, KIA: 0.93). This paper demonstrates that a hierarchical classification approach gives better results for conifer species and that using an 8-band WorldView-3 instead of a 16-band is sufficient.