Friday, March 27, 2009

Ontario Budget - Forestry

2009-03-27

07:10:23

The provincial government has some assistance for the ailing forestry sector in its new budget.

Some 58-million dollars are being provided to extend the Northern Pulp and Paper Mill Electricity Transition Program by one year. That will provide electricity rebates of 1-point-8 cents per kilowatt-hour to qualifying mills.

A reduction to white birch and poplar stumpage fees will also be extended another year. The province will also review how wood can be utilize more in construction and infrastructure projects.