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Sunday, November 23, 2014
Saskatchewan

FOREST INDUSTRY GROWING IN NORTHWEST SASKATCHEWAN

Premier Lorne Calvert, today announced a major forestry development for

northwest Saskatchewan, including a $200 million Oriented Strand Board

(OSB) mill and enhanced community-based wood allocations.



A partnership including Tolko Industries Ltd., Meadow Lake Tribal Council

(MLTC), Northwest Communities Wood Products Ltd. (NWC) and Crown

Investments Corporation (CIC), will spend the next few months determining

the most suitable site for the OSB plant, to be built near Meadow Lake.

Construction is expected to begin in the spring of 2002. When complete,

the mill will employ 130 people, with an additional 130 jobs in associated

woodlands activities such as harvesting and trucking.



"Two years ago we announced our plan to expand Saskatchewan's forest

industry," Premier Calvert said. "Our goal was, and still is, sustainable

economic development that includes Aboriginal and northern communities.

Today, we celebrate a major step toward that goal, for the northwest and

for the province as a whole."



Through this unique partnership, linking established forest companies,

First Nations and northern community businesses and government, Tolko

Industries will have 75 per cent ownership of the mill, with MLTC, NWC and

CIC owning the remainder. Financing details are still being finalized.

Tolko will be the operating partner.



NWC, a partnership of Beauval, Green Lake, Ile-a-la-Crosse, Patuanak and

Pinehouse, has also received an expanded wood allocation. The company's

future Forest Management Agreement (FMA) area has grown from 600,000

hectares to 780,000 hectares. The NWC is working with Saskatchewan

Environment and Resource Management (SERM) to update inventory information

for the area. The expanded area will help facilitate the company's other

ventures, including a sawmill planned for Beauval, three post plants, a

hardwood sawmill to be developed in three phases and a lumber finishing

facility at Green Lake.



The province ensures environmental sustainability of forestry developments

by applying the best available forest management science and by thorough

consultation with all stakeholders.



The next phase of forestry developments will focus on building the

province's forestry related secondary manufacturing and knowledge-based

industries. Opportunities to enhance the available wood fibre supply will

be explored, including: industrial users for softwood chips and wood

residue, agroforestry and improved forest fire protection.



Since April 1999, the private sector has invested nearly $650 million in

Saskatchewan, modernizing and diversifying the province's forest industry.



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For more information, contact:



Les Cooke

Environment and Resource Management

Regina

Phone: (306) 787-8865
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