The Working Forest Lumber Forecast Per April 2024
lumber prices are anticipated to reach 599.50 USD per 1000 board feet by this quarter’s end and are expected to rise to 640.14 USD in a year’s time.
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Protecting Good Jobs in Rural and Northern Ontario
By John Yakabuski, Minister of Natural ResourcesEarlier in my career, I ran a hardware store in Barry’s Bay Discover the secret to safeguarding rural and northern Ontario’s employment opportunities. Don’t miss out on securing your future.
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Ontario MNRF asks citizen sleuths to help solve cases
Spot something unusual the last time you were out working in the woods? Notice someone not doing their part as a responsible resource user? Now there’s a way to help, by accessing a new online tool that aims to reduce and deter natural resource offences. The Ministry of Natural Resources and Forestry is asking Ontarians…
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Forests Ontario conference will explore changing climate
Despite dire predictions around climate change, there are also new opportunities, including a strengthening bio-economy, increased support for green infrastructure, and the monetization of environmental attributes such as carbon offsets. A changing climate and the associated impacts are new realities affecting society, the environment, and the economy through a “ripple effect.” Forest owners will soon…
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Airlift planned to move Lake Superior caribou
Ontario’s Ministry of Natural Resources and Forestry is taking steps to save a caribou herd on an island in Lake Superior by moving healthy animals to another island with an existing herd. A statement from Minister Kathryn McGarry says: “We will be transporting a suitable portion of the caribou population to the Slate Islands to…
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B.C.’s Atlas Engineered Products expanding to Ontario
NANAIMO, B.C. – A British-Columbia producer of trusses and engineered wood products is expanding its footprint to Ontario with the purchase of Clinton Roof Truss Ltd. Atlas Engineered Products of Nanaimo, B.C., has entered into a letter of intent with Clinton Roof Truss to acquire all of the issued and outstanding shares. Guy Champagne, president…
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First Nations invest in Hornepayne mill, cogen facility
Hornepayne Lumber and Hornepayne Power are receiving a $4 million equity investment from an alliance of three First Nation communities in northeastern Ontario. The investment group, Northeast Superior First Nation Investment LP, is taking a 30 per cent ownership stake in the dimensional lumber mill and co-generation plant, according to a report in Northern Ontario…
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Venture capital firms show interest in bioeconomy
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…
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Ontario municipalities dispute activist claims on caribou
The Federation of Northern Ontario Municipalities and Northwestern Ontario Municipal Association are defending the work of the provincial government and the forest industry in response to claims by environmental activist groups that Ontario has not acted to protect boreal caribou. To accuse the forest sector and the Ontario’s Ministry of Natural Resources and Forestry of…
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Logging in Haliburton – Then and now
Haliburton Forest and Wild Life Reserve has one of the few sawmills still operating in Haliburton County, Ont., but at the turn of the 20th century it would have been one of dozens of similar operations. The mill produces about 20,000 board feet of lumber per day – mostly made up of hardwood that is…
