Federal support for the forest industry well received in Abitibi-Témiscamingue

Elected officials. However, representatives of the forestry area welcome the federal government’s initiative to support their industry. However, they claim more details concerning the terms of these new investments.

The deputy for Abitibi-Baie-James-Nunavik-Eeeyou. Moreover, the Aboriginal services, Mandy Gull-Masty, detailed the three new measures set up by the government of Mark Carney in Val-d’Or on Tuesday to support the wood industry in the country.

The Canadian government has promised up to $ 700 million in loan guarantees to help companies cope with immediate pressures. For example, Also. $ 500 million will be granted for the development of new products and market diversification as well as 50 million to support 6,000 workers assigned with development and skills programs.

Minister Mandy Gull-Masty also specifies that her government wants to give priority to the timber. to Canadian steel and aluminum during federal support forest industry well major national construction projects.

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We know that the world is changing. The exchange between countries changes a lot every day, I can say with the United States. But, it puts us pressure too, to look inside to ask: “What are we going to do to change too?”she said.

The announcement was well received in Val-d’Or. but representatives of the forest industry would like to obtain more details concerning these new programs.

Obviously, we are all affected by American prices, but not just by that. We had a wave of closures in Quebec, lately in sawmills, in the forest industries, paper cups, etc. It is an industry that needs solutions, solutions, support tracks. We will see how it will be really transferred to our lives. in the lives of our workersraised James Hogg, president and chief executive officer of Unibard.

Each advertisement announcement in an industry is always good news. It is sure that there. I would have liked to have a little more answers to know how it will be given, or in any case, will it be subsidies that will be for the industries, or in what way?requests the mayor of federal support forest industry well Senneterre, Nathalie-Ann Pelchat.