Wood Business

Industry News News
Oilsands layoffs could benefit forestry

Jan. 16, 2015 – The fallout of plummeting oil prices could provide a net benefit for the forest industry, especially in B.C.

According to a report from the Vancouver Sun, the return of laid-off workers from the oilsands could provide the needed skilled trades personnel to meet growing demands in the forestry sector, as well as for the mining and LNG sectors.

The drop in oil prices is already expected to provide a net benefit for B.C., as consumers could save up to $1 billion in fuel costs.

For more on this story, CLICK HERE


January 16, 2015
By Andrew Macklin