McGuinty Government Helps Build Markets For Wood Products
March 30, 2007
Support For WoodWORKS! Campaign Part Of Investment To Strengthen Forest Industry
NORTH BAY — The Ontario government is strengthening the forest industry by supporting efforts to expand markets for the province’s wood products and increase production of value-added wood products, Natural Resources Minister David Ramsay announced today.
“Through the Ontario Wood Promotion Program, we’re helping a key engine of our economy – the province’s forest industry – increase its capacity to make and sell value-added products,” said Ramsay. “Building the value-added sector is a vital step towards a more competitive industry and more secure local jobs.”The province will invest $1 million a year in the Ontario Wood Promotion Program to help provide existing and new companies with resources related to markets, education, training, technology transfer, and applied research and development for value-added wood products. Funding will be allocated to a variety of programs, including $225,000 a year for three years to the Canadian Wood Council’s WoodWORKS! campaign to build markets for wood products.
“We are very pleased with today’s announcement that will enable WoodWORKS! to continue its successful campaign by promoting the use of Ontario’s wood products,” said Marianne Bérubé, Ontario Executive Director of WoodWORKS! “We are also delighted to be part of the Ontario Wood Promotion Program that will strengthen existing synergies between industry, educational institutes and government.”
“Our government is working to boost the competitiveness of our forest sector, and to build markets for our wood,” said Nipissing MPP Monique Smith. “The funding we are announcing today will help make that happen and support the valuable work of the Canadian Wood Council’s WoodWORKS! campaign.”
An advisory committee will help guide the Ontario Wood Promotion Program. Members of the committee will include representatives of government, academia and industry.
The Ontario Wood Promotion Program is one of several measures the government has put in place to help make Ontario’s forest sector more competitive. In total, the government is making $1 billion available through various programs to assist the forest sector over five years. These programs will help stimulate new forest sector investments in value-added manufacturing and co-generation as the industry becomes more competitive and transitions into the future.
This is just the latest example of how the McGuinty government is working to create a stronger and more prosperous north. Other initiatives include:
– Making more than $1 billion available over five years in assistance to the forest industry
– Securing $107 million in investment based on accumulated government support of about $21.5 million through programs administered by the Forest Sector Competitiveness Secretariat
– Continuing annual contributions of $60 million to the Northern Ontario Heritage Fund Corporation to support private-sector job creation, youth training and emerging technologies, while continuing to invest in public infrastructure projects that support economic development.
Related Information: ONTARIO WOOD PROMOTION PROGRAM: MAKING THE FOREST SECTOR MORE COMPETITIVE
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