N.L. government invests $9.6 million in forestry
In a press announcement made by Gerry Byrne, Newfoundland & Labrador’s minister of fisheries and land resources, the government of Newfoundland & Labrador is setting its sights on forestry as they invest $9.6 million in developing N.L.’s forest sector, products and markets.
This funding is also meant to support the creation of renewable and recourse-based business opportunities that will help create 100 seasonal and permanent jobs during COVID-19.
“Newfoundland and Labrador’s forest sector is an important contributor to our rural economy and during these challenging times, our member companies have been working tirelessly to keep people employed and businesses running,” says Bill Dawson, executive director, Newfoundland and Labrador Forest Industry Association.
“We welcome this much-needed investment and are pleased to see government’s increased commitment to silviculture and forest protection. These long-term investments speak to the importance of sustainable forest management, and attest to the vital role the forest industry plays in our province’s economy.”