Premier David Eby is putting $90 million on the table as the forestry industry grapples with layoffs, mill closures and an uncertain future.
Play Video
The fund will protect jobs, Eby said, by helping forestry companies launch shovel-ready projects and produce higher value products like mass timber. The focus will be on the areas hardest hit by changes in the forestry sector and up to $10 million will be available per capital project. B.C. Premier David Eby said a new $90 million fund fund will protect jobs by helping forestry companies launch shovel-ready projects and produce higher value products like mass timber.Eby said it’s too soon to say whether such a fund could reverse the downsizing announced by Canfor. “It’s all very fresh,” he said.
“This works well with government͛’s new initiatives to increase fibre supply for the pulp sector by expanding wildfire salvage opportunities, reducing slash burning and doing more to ensure waste is removed from the bush,” Nemeth said in a statement.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
David Staples: Premier Smith 'sickened' by staggering disruption planned with Trudeau's Just TransitionDavid Staples: Premier Smith 'sickened' by staggering disruption planned with Trudeau's Just Transition via edmontonjournal
Read more »
Province announces 'one-stop shop' for homebuilding permitsB.C. Premier David Eby says the changes will help speed up provincial permitting approvals and home construction in the face of a housing crisis.
Read more »
B.C. aims to speed up its permitting for housing with new strategy, hiresPremier David Eby promised the province will do its part to streamline the permitting it controls for new housing in B.C. Read more.
Read more »
Province announces 'one-stop shop' for homebuilding permitsB.C. Premier David Eby says the changes will help speed up provincial permitting approvals and home construction in the face of a housing crisis.
Read more »
Province announces 'one-stop shop' for homebuilding permitsB.C. Premier David Eby says the changes will help speed up provincial permitting approvals and home construction in the face of a housing crisis.
Read more »
Rob Shaw: Eyes on Eby to support struggling B.C. forestry sectorThe Prince George closure cost 300 people their jobs.
Read more »