Written by Ministry Northern Development Mines and Forests on 18 March 2011
March 17, 2011
McGuinty Government Maximizing Economic Benefits From Province’s Forests
"Our government wants to attract new investment in the forest sector, and support the fullest and most innovative use of Ontario's wood to build an industry of top performers - both existing and new." Michael Gravelle, Minister Northern Development, Mines and Forests
Four more forestry companies have accepted wood supply offers from the Province, creating 38 new jobs and bringing more than 250 people back to work. This will also help create other jobs in the forestry sector, and support local economies.
The companies will use the proposed wood allocations to produce traditional and new forest products including a variety of lumber for construction and clean-burning wood pellets for energy production.
The wood supply competition is aimed at putting Ontario’s unused wood to work while the government takes steps to introduce a new forest tenure and pricing system. Helping build a stronger forest industry is an important part of the Open Ontario plan to create jobs and support local economies.
QUICK FACTS
- The four companies are: Cyprien Lachance in Val Côté, Long Lake Forest Products in Longlac, Nakina Forest Products in Nakina and Woodville Pellet Corp. in Woodville.
- The total wood supply offered to the four companies is 169,500 cubic metres per year.
- The 16 accepted wood supply offers announced to date will put to use a total of 1,114,600 cubic metres per year of wood and employ 950 people.
- Ontario received 115 submissions under the Provincial Wood Supply Competitive Process from forest companies requesting access to underused wood.
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