by Working Forest | Sep 14, 2015 | Archives
Soon after Prem Watsa — the investor known as Canada’s Warren Buffett — became the largest shareholder of Tembec Inc., the bond market started betting creditors may be taking over instead. The forestry firms’ bonds plummeted to about 68 cents on the dollar after...
by Working Forest | Sep 14, 2015 | Archives
Grassy Narrows First Nation, in northwestern Ontario, is taking legal action Monday to stop Ontario’s plan to allow logging near the community’s traditional territory. Research shows that clear cutting can release methylmercury — a neurotoxin — into the...
by Working Forest | Sep 14, 2015 | Archives
Note to Nova Scotia Power: don’t burn green wood or wood left out in the rain. And don’t sign contracts with an affiliated company that dings you for energy you didn’t use. Along with revealing such remarkable management practices, new evidence confirms the...
by Working Forest | Sep 14, 2015 | Archives
Coun. Don Cody suggests that more can be done to reignite the mill. It’s been almost two years since Paper Excellence provided the last public update about the Prince Albert Pulp Mill’s future. At the time, they estimated that the mill would be developing fluff pulp...
by Working Forest | Sep 14, 2015 | Archives
Reactions continue to pour in to the news that the Canal Flats saw mill will close permanently in early November. On Wednesday, Canfor announced the permanent closure of the mill effective Nov. 9, 2015, which will impact roughly 80 jobs. The USW Local 1-405...
