Category: Funding Announcements

Nova Scotia loans $75 to Northern Pulp to purchase land

Nova Scotia is loaning $75 million to help Northern Pulp purchase 475,000 acres of land.The land will be purchased from Neenah Paper and will ensure a wood supply to the Abercrombie, Pictou Co., pulp mill and protect the land as a forestry asset.… more »

Government of Canada Invests $40 Million in Celgar’s Green Energy Project

A $40-million investment by the Government of Canada will enable one of Canada’s largest and most modern kraft pulp mills to generate clean, green energy from forest biomass. Colin Mayes, Member of Parliament for Okanagan–Shuswap, today announced that… more »

Kenora Forest Products gets grant to look into biomass

The Northern Ontario Heritage Fund is giving Kenora Forest Products a grant of $25,000. The company will use the money to conduct a feasibility study to look at the idea of developing a biomass energy plant. Kenora Forest Products is looking into b… more »

Government will provide $20 million to develop forest biorefinery

The federal government, and the province of Ontario, are providing funding, up to $20 million, to develop a forest biorefinery in Thunder Bay, Ontario. The pilot project will test forest biomass for use in energy and next-generation forest products. T… more »

Government supports Pine Falls, Learning Centre will be upgraded

The provincial and federal governments have announced support for Pine Falls, Manitoba. After being locked out since September, the workers of the pulp mill recently learned that Tembec plans to put the mill up for sale. The province has pledged $6… more »

Ontario launches wood supply competition

Ontario is searching for innovative ways to use logs, branches and other wood in Crown forests for manufacturing or other commercial purposes. This will help create green jobs and new investment in the forest industry.Proposals are currently being ac… more »

Ontario will give Terrace Bay Pulp $25 million

Yves Fricot, legal counsel for the Buchanan Group of Companies, has told the media that the provincial government of Ontario is about to give Terrace Bay Pulp a $25 million loan. The loan is expected to help the mill complete financing, make arrangeme… more »

Nova Scotia helps Ligni Bel lumber mill to reopen

The province of Nova Scotia is contributing to the reopening of Ligni Bel, a lumber mill in Scotsburn, Pictou County. A $3 million loan guarantee, through the Industrial Expansion Fund, will help the company secure a $3 million operating line of credi… more »

Ontario announces silviculture job stimulus program

The Ontario Ministry of Northern Development, Mines and Forestry has announced $6 million forest renewal program. Through the Forestry Futures Trust committee, the provincial government is inviting Sustainable Forest License Holders and Managers of… more »

Canada’s Economic Action Plan Fostering New Opportunities for Canadian Wood Products

The Government of Canada is investing in new commercial opportunities for Canada’s forest sector to ensure a competitive future for the industry, creating jobs and stimulating the economy. Today, David Anderson, Parliamentary Secretary to the Minister o… more »

Mersey Tobeatic Research Institute receives $150,000 from Nova Scotia

The Nova Scotia Department of Natural Resources has announced funding of $150,000 for the Mersey Tobeatic Research Institute. The Mersey Tobeatic Research Institute is a non-profit co-operative based in Kempt, Nova Scotia. Amanda Lavers, executiv… more »

The Breakdown: Pulp and Paper Green Transformation Program

Twenty-four companies, representing 38 pulp and paper mills across Canada, have qualified for credits under the Government of Canada’s Pulp and Paper Green Transformation Program. Company Name Credi… more »

24 mills qualified for Canada's black liquor program

Twenty-four pulp and paper mills have qualified for Canada's version of the United States' black liquor program. Unlike the U.S. program, Canada requires the qualifying mills use the money from the program to finance environmental upgrades. The Pulp… more »

Nova Scotia invests in Bowater Mersey

The province is investing in the sustainability of a major employer and exporter in Nova Scotia's paper products industry. Bowater Mersey Paper Company Ltd. is receiving $2.5 million to support the addition of book-grade paper to its manufacturing pro… more »

Newfoundland and Labrador invests in sawmill industry

The province of Newfoundland and Labrador has recently invested in two sawmill companies: Holson Forest Products and Burton’s Cove Logging and Lumber Limited. Holson Forest Products will receive $10 million ($7 million in a non-interest bearing 15-yea… more »