News Release - June 22, 2001
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.
For more information, contact:
Environment and Resource Management
Phone: (306) 787-8865