Keith Baldrey: Government money can’t solve forest industry woes

France Nouvelles Nouvelles

Keith Baldrey: Government money can’t solve forest industry woes
France Dernières Nouvelles,France Actualités

Premier announces multimillion-dollar funding for B.C. mills, but shrinking timber supply is main driver of sector’s slide.

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Premier David Eby has set the bar very high when it comes to tackling some tough issues, and he spent last week dealing with a thorny problem that will be challenging to address for years.

The biggest problem right now is the lack of fibre ― or timber ― supply that is forecast to further decline for the rest of this decade. Then came the bad wildfire years of 2017 and 2018, when Interior forests were ravaged by a record number of fires. There was also another $90 million for forest companies that require new equipment to support new production lines.

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France Dernières Nouvelles, France Actualités



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