B.C. earmarks $69-million to help forestry industry deal with job cuts

This translation has been automatically generated and has not been verified for accuracy.British Columbia’s NDP government has earmarked $69-million in funding to help the province’s ailing forestry industry cope with job cuts.

Supplies of timber have dwindled over the years, long after the infestation of mountain pine beetles in the B.C. Interior began in the late 1990s and peaked in 2005, decimating forests in the region. The NDP government said lumber firms in the B.C. Interior also suffered from eroding timber supplies after widespread wildfires in 2017 and 2018.

globebusiness How does the govt ensure that the help is teaching fired employees?

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fewer trees, higher costs blamed for devastating downturn in B.C. forestry industryCompanies have announced shutdowns or curtailments in more than two dozen mills in the province, putting hundreds out of work and slashing economic growth predictions sustainable lumber is key moving forward. Article treats the forest industry as above criticism.
Source: globeandmail - 🏆 5. / 92 Read more »