Fraser announces the closure of a paper mill in Edmundston. Premier Lord will ‘do everything they can’ to help the workers and ‘we need to diversify’ the economy.
Quebec announces $450 million in funding from the provincial and federal governments to support the forestry industry.
Is the forestry industry more important to the Quebec economy than to New Brunswick’s?
No, over 5% of all employed New Brunswickers work in forestry-related businesses compared to less than 3% in Quebec.
Total Employment in the Forestry Sector*
*Source: 2001 Census.