In Nova Scotia, as in many parts of the world, the forestry sector is facing challenges. Not only is there a decline in the demand for newsprint worldwide, a strong Canadian dollar, and increased manufacturing costs, have created even more pressures for Nova Scotia mills. The viability of the industry is at stake.
Nova Scotia is doing everything within reason to help keep the forestry sector viable and mills open in Nova Scotia.
The forestry industry is a vital part of the Nova Scotia economy. Thousands of people and their families rely on this sector for their livelihoods and to keep their communities strong.
A strong forestry sector also means hundreds of millions of revenue for the province to help fund important services like health care and education.
While certain forestry products, such as newsprint are declining, others are not. Government is working to re-position the forestry sector for new product development, mill efficiencies and securing new markets, including for newsprint.
A provincial forestry sector transformation team of officials from key departments has been established to identify and consider options to help keep a sustainable forest sector.
The Province believes that there is a bright future for a sustainable forest sector and will continue to work with industry and others to seek out value-added opportunities.