Ontario and forestry

Funny stuff. The forestry sector* in Ontario is about 1% of the provincial GDP. It’s about 8% in New Brunswick. Pop quiz. Which province Ontario or New Brunswick has taken these steps recently?

Capped power rates for pulp and paper mills at a highly competitive rate.

Is proposing to reduce the stumpage rate for poplar hardwood by $2.76 per cubic metre to match the white birch rate, effective April 1, 2008.

Implemented a variety of tax-based incentives for the forestry sector.

Ding. Ding. Ding. Pat yourself on the back.

*Including:
Forestry and logging [113]
Wood product manufacturing [321]
Pulp, paper and paperboard mills [3221]

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