WINN, MI — Morbark has completed the acquisition of Rayco Manufacturing, which designs and produces an innovative line of environmental equipment, including stump cutters, forestry mulchers and brush chippers. The transaction is the first acquisition since affiliates of the private equity firm Stellex Capital Management acquired Morbark in 2016. The purchase of Rayco represents a…
SARNIA, Ont. – A building block for the support of early-stage Canadian bioeconomy and cleantech companies has been announced by Bioindustrial Innovation Canada (BIC). BIC has signed a Memorandum of Understanding (MOU) with each of five key venture capital firms investing in the Canadian bioeconomy and cleantech space. It is the intention of these companies…
OTTAWA – The federal government formally requested World Trade Organization (WTO) consultations with the United States concerning the recent anti-dumping and countervailing duty determinations on imports of certain softwood lumber products from Canada. A statement from Global Affairs Canada says the U.S. Department of Commerce’s decision to impose punitive duties on Canadian softwood lumber producers…
The successful development and commercial licensing of a Christmas tree species that will hold its needles longer to allow for earlier shipping was recently announced at Dalhousie University’s Agricultural Campus in Bible Hill, N.S., the Chronicle Herald reports. The new trees could have great benefit to the province’s Christmas tree industry. “These new trees will…
A recent story on a local CTV News site talks about the pending closure of the Ontario Tree Seed Plant in Angus, Ont. Ken Durst, regional services manager for the Ontario Ministry of Natural Resources and Forestry tells CTV the facility is moving out of its industrial plant and will become a native tree seed…
VICTORIA – The governments of Canada and British Columbia have developed a draft conservation agreement, under the federal Species at Risk Act, to support southern mountain caribou recovery, starting with the population known as the Central Group. The agreement sets out short-, medium-, and long-term targets and immediate caribou recovery measures in the Central Group,…
SAINT-HYACINTHE, QUE – Tissue and packaging manufacturer Cascades is encouraging employees to switch to electric vehicles, with direct financial incentives and infrastructure development. The company has installed twenty-two 240‑V charging stations and one 480‑V fast charging station at its various plants in Kingsey Falls, Que. In addition, Cascades will offer a $2,000 financial incentive for…
TORONTO – A group of municipal and Indigenous leaders, unions representatives and forest professionals visited the Ontario Legislature on November 22 to dispel misinformation about Ontario’s forest sector and to urge the government to avoid unintended consequences from rushed species at risk (SAR) policy. The group representing the Ontario Forestry Coalition visited with political leaders…
OTTAWA – Forestry, energy and mining are the targeted sectors for the federal government’s new $155-million program that will fund clean technology projects, helping to reduce greenhouse gas emissions and improve environmental outcomes. “Clean growth is good for our planet and our economy. It also plays to Canada’s competitive advantage with the clean technology innovation…
“How did we get so detached from the things we use every single day?” Stacie Carroll wonders in a recent commentary published by the Chronicle Herald. “It should be mandatory for people who use forest products such as toilet paper, sandwich wrappers, paper cups, instruments, furniture, construction materials and coffins to learn this life cycle…