Ontario Announces Further Advancements to Forestry Strategy

SEATTLE (Scrap Monster): John Yakabuski, Ontario’s Minister of Natural Resources and Forestry provided an outline of the next steps in the development of Ontario’s new forestry strategy. The remarks were made during the grand event held at Bozzer Park last Friday to celebrate the 100^th anniversary of the Timmins sawmill, currently owned by EACOM Timber Corp.

According to Yakabuski, the provincial government is keen on making Ontario open for business and jobs. The forestry sector is one among the key sectors capable of attracting investment and generating good-paying jobs. Forestry will continue to play a key role in shaping the future of Ontario, he added.

Earlier in November last year, the provincial government had announced development of a comprehensive provincial forestry strategy, aimed at unleashing the full potential of the sector. Since then, the Minister has had several consultations across Ontario on opening up the forestry sector in the province to new, innovative jobs.

The province has identified four primary focus areas in successful development of the new forestry strategy- harvestable wood supply, competitive costs, innovation and education, as well as sustainability and stewardship.

Meantime, EACOM Timber welcomed Ontario’s forest strategy. Kevin Edgson, President and CEO, EACOM Timber Corporation noted that working forests will continue to offer infinite opportunities for a strong, prosperous future.

Incidentally, the province’s forestry industry is considered to be a major driver of economy. It generates more than $15 billion in revenues, supporting nearly 150,000 direct jobs and 260 indirect jobs across the province.