With Renfrew-Nipissing-Pembroke MPP John Yakabuski’s new forest sector strategy coming down the pipe, the Bancroft-Minden Forest Company is excited to see the changes happened.
“We feel pretty positive about the announcement,” BMFC General Manager Svetlana Zuran tells My Bancroft Now. She says while there is room to grow, this strategy is a good start. “Any boost to the forest sector will benefit us,” she adds.
Yakabuski sent out a newsletter last week, saying that the forest industry has struggled over the last 15 years due to what he says is a restrictive government policy. He says with this new forest strategy stands on four main pillars: stewardship and sustainability, putting more wood to work, improving cost competitiveness, and fostering innovation, markets and talent.
Zuran focused on two points in the strategy when asked what she’s excited to see. She says that new technology will be invested in through the new strategy. “Hopefully that will boost economic possibilities for sawmills which are in need of that boost,” she says. At the management level, Zuran says she’s happy to see they’re removing the “bureaucracy” that doesn’t increase sustainability, only cost.
Yakabuski points out that Ontario’s forest sector supports about 155,000 direct and indirect jobs across the province and generates over $16.6 billion in revenue.