A new study says the future of forestry lies in blending the production of traditional wood products with new ones such as biochemicals and bioenergy.
Avrim Lazar, president of the Forest Products Association of Canada, says the industry needs to extract the maximum value "from every tree harvested.''
Lazar says while demand for paper will continue to wane, most of the industry sees good future demand lumber, pulp, bioenergy and other new wood products.