THUNDER BAY, Ontario — Softwood lumber tariff increases would present a challenge for Ontario’s forestry industry, but Thunder Bay–Atikokan MPP Kevin Holland said he’s ready to meet that challenge. On the campaign trail, U.S. president-elect Donald Trump promised to crack down on foreign trade. …“Ontario will have a role in meeting with our partners across Canada and the Federal government in developing that strategy as to how we can really impress upon them the importance of the forestry sector, not just to us but to their to their country as well,” Holland continued. …He said his new role as the associate minister gives him an opportunity to show that Northwestern Ontario is an economic competitor on the global stage. “Forestry has been the cornerstone of our economy for generations and I honestly believe that it’s going to be the cornerstone of our economy moving forward,” Holland said.



MONTREAL, Quebec – Stella-Jones announced financial results for its third quarter ended September 30, 2024. Sales in the third quarter were $915 million, compared to sales of $949 million for the corresponding period last year. Excluding the positive effect of currency conversion, sales were down $44 million, or 5%. Net income for the third quarter was $80 million, compared to net income of $110 million in Q3, 2023. “Despite strong long-term demand tailwinds, we witnessed a slower pace of purchases by our utility customers. Though total sales were lower than anticipated, we delivered a solid quarter EBITDA margin of 17.7% and strong operating cashflows,” said Eric Vachon, President and CEO. …“Utilities continue to forecast meaningful increases in infrastructure investments, evidenced by the longer-term sales contracts secured from new and existing customers.”
The Government of Canada announced an additional $2.4 million in funding to the Bruce Trail Conservancy through the Nature Smart Climate Solutions Fund. This is part of the Government of Canada’s largest conservation campaign in the country to meet its emissions reduction targets and protect 30 percent of land and water in Canada by 2030. This funding is in addition to a $5 million investment through the Nature Smart Climate Solutions Fund, awarded to the Bruce Trail Conservancy in 2022. The funding will be used to help advance conservation goals with urgent Niagara Escarpment land securement. This additional funding advances conservation of over 300 hectares of important habitat and contributes to capturing and storing greenhouse gas emissions by securing carbon-rich forest, wetland, and grassland ecosystems within the Niagara Escarpment. …It will also improve the connectivity of the iconic Bruce Trail and expand recreational opportunities across all seasons for activities such as nature appreciation, hiking, birdwatching, snowshoeing, and more.
St. John’s, Newfoundland and Labrador — Natural Resources Canada announced funding of $295,000 under the 2 Billion Trees (2BT) program for the Memorial University Botanical Garden to establish a tree nursery on its expansive botanical garden, which will support tree planting in the region. With this funding, the Memorial University Botanical Garden will: build a tree nursery producing 500 saplings per year to plant across Newfoundland and Labrador; support future tree-planting projects that increase tree cover and green spaces; act as a hub for outreach, community engagement and hands-on training for students, researchers, Indigenous youth and the public; and create jobs in nursery management, horticulture and arboriculture. Today’s announcement follows the release of an update on the progress of the Government of Canada’s commitment to plant two billion trees, alongside an investment of over $200 million in more than 30 new tree-planting projects that will result in over 160 million new trees across the country.
Barrie, Ontario – Since 2007, Forests Ontario has facilitated the planting of 46.5 million trees, enhancing 900,000 hectares of connected forest landscapes through over 8,000 restoration projects across 10 provinces. Now, Forests Ontario is becoming
A new partnership could see seven public buildings heated with wood chips. The Chapleau District Heating Project brings together the Township of Chapleau with Commercial BioEnergy Inc., a northern Ontario biomass energy company dedicated to assisting communities in reducing their dependence on fossil fuels. The project will determine the feasibility of constructing a centralized biomass fuelled heating plant to deliver heating to seven public buildings within the community. This will involve converting existing heating sources from propane or electricity to biomass generated heat using locally sourced wood chips. It will be the first such project in North America of this scale, according to the project partners. …A reduction in greenhouse gas emissions of up to 90 per cent for all targeted buildings combined is anticipated.