Government investing $3M to modernize NorSask Forest Products facility
The Canadian government announced that it will be investing $3 million in Meadow Lake Tribal Council (MLTC) Industrial Investments LP to modernize its NorSask Forest Products facility with necessary upgrades and new technologies.
The new facility will improve efficiency, reduce energy consumption and sustain hundreds of jobs.
“The funding received by the Meadow Lake Tribal Council (MLTC) from Natural Resources Canada’s Indigenous Forestry Initiative is a strong statement of support by the federal government for forest-based economic development among Indigenous communities. Specifically, the financial support provided by NRCAn undergirds 30 years of MLTC ownership, investment, employment opportunity and growth in the forest product manufacturing sector in northwest Saskatchewan. Through this kind of affirmative action, the federal government demonstrates its commitment to ensuring ongoing and sustained participation of Indigenous communities in forestry-based economic opportunities,” said Richard Ben, Tribal Chief, Meadow Lake Tribal Council, in a statement.
MLTC Investments LP is a for-profit organization that acquired a 100 per cent stake in NorSask in 1998. NorSask is a lumber manufacturer and the largest, wholly First Nations-owned sawmill in Canada.