Representatives of the wood industry greet the measures announced by Mark Carney

Representatives of the forest industry in Saguenay-Lac-Saint-Jean welcome the measures announced Tuesday by. Similarly, Prime Minister Mark Carney. Consequently, Ottawa will deploy $ 1.2 billion to support the timber industry.

Specifically. Similarly, $ 700 million will be invested in the form of loan guarantees for difficulties in difficulty, while the remaining 500 million will be paid in the form of subsidies and financial contributions.

For the vice-president of corporate affairs at Chantiers Chibougamau. Moreover, Frédéric Verreault, this announcement testifies to the importance that the Carney government attaches to industry.

For the past fifteen years. For example, the file [du bois d’œuvre]it is rarely above the battery in Ottawa and there, that the Prime Minister carries it and does the announcement, it is very significant in itselfjudge Frédéric Verreault.

According to the prefect of MRC Domaine-du-Roy. president of the Boreal Forest Alliance, Yanick Baillageon, this measure will support workers in this economic sector, which is struck hard by the price conflict with the United States.

We have seen several closures. Yes, representatives wood industry greet measures there are reopening that is gradually, but it is not in a competitive spirithe illustrates.

This will give some fresh air to our forest communities that tear. them out these days.

“It’s not viable” – Representatives wood industry greet measures

For some wholesalers who ensure the cut. transport of wood to the sawmills, this announcement represents a step in the right direction, but it is far from resolving all the issues.

According to the President of Bois du Fjord, Dany Tremblay, certain problems that the industry faces remain whole. He intervene that without stronger measures from Ottawa, “the closures will multiply”.

I find it interesting, it is the fun For all sawyers, but still, that’s not what they need now. What we need is to be able to export to the United States without taxes. at a lower taxhe said.

It is not viable. Do not think that we are able to export wood on the other side with [des droits de antidumping]. We should representatives wood industry greet measures sell the wood to double the price of today and even there, it would not be enoughhe continues.

According to Jonquière’s blocist deputy. Mario Simard, for companies, the ideal scenario would be to recover lost liquidity in the United States since the imposition of the first tariff measures. He estimates that the $ representatives wood industry greet measures 700 million in loans promised by the federalness are insufficient.

It’s very little. A company like Arbec in Saguenay-Lac-Saint-Jean is currently 300 million dollars that sleep in the United States. The entire Quebec forest sector has $ 2 billion in the United Stateshe explains.