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Canada looks to the future of forestry

14/10/2009
Canada’s Financial Post recently published an article talking about the abundance of opportunity for the Ontario forest industry that remains despite the recession.

The region’s pulp and paper mill industry has been declining in recent years as traditional demand from areas like the construction industry has weakened along with the economy.

However, at the same time, new opportunities have arisen and it’s time for the sector to revaluate how it uses its forests to make money.

Most of the region’s 50 million hectares of forests are healthy and sustainable, putting it in a strong position in terms of attracting environmentally aware consumers.

People all over the world have begun to realise what a fantastic and lucrative natural asset forests are. In addition, future uses for timber are being discovered all the time. These include the production of sustainable biofuels from forestry by-products, the development of wood-based plastics and specialised structural woods.

In addition to these new uses, value is now being assigned to forests’ ability to absorb carbon from the atmosphere. This is an area that is likely to lead to tree values increasing alongside intensifying climate change problems.



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