In another blow to B.C.’s forestry sector, Canfor announced it is shutting down a pulp mill in Prince George.
The company announced the closure of the Northwood Pulp Mill on Tuesday, saying it would result in the loss of 300 jobs.
In a statement, Canfor said the pulp and paper industry continues to face significant challenges, as more production capacity worldwide has put downward pressure on prices.
It said that it resulted in unsustainable financial losses, leading it to the difficult decision.
Canfor said it is committed to providing severance for the workers and exploring opportunities to redeploy workers to other facilities while the mill winds down operations.
“Yesterday and the days ahead are going to be very tough for the people of Prince George,” B.C. Minister of Forests Ravi Parmar said on Wednesday.
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Parmar said his government is doing what it can to support the pulp mills that continue to operate but says long-term, the province needs to move away from commodity pricing and towards higher-value manufactured goods.
Lol @ Bob B. Someone just got owned
*what is everyone in this province supposed to do for living*
British Columbia has approximately 2.91 million employed workers, alongside an unemployment rate of 7.0%. The broader provincial labour force – including both those with jobs and those actively looking – hovers around 3.13 million individuals. To explore these workforce figures further, you can check the provincial WorkBC labour market statistics
At Vancouverite. Come on genius what is everyone in this province supposed to do for living. Think for once. We all can’t glue ourselves to roads and live off Go Fund Me dollars. Enlighten us and tell us how without income and without tax revenues everything here gets paid for. That bus you ride, that device you type into, your bike tires, the roads etc etc. I am going to take wild guess and say that you live in wooden home. You are a Hypocrite. 😂
So Easy for you to sit there virtue signalling and pretending to have the moral high ground but you’ve actually no clue on how to actually transition this province and the planet into this green dream society you desire. You are all talk! You are even too dumb to be an idiot.
If you think BC is so dysfunctional then leave. Idiot
These things need to happen. Every tree matters
non union jimmy at work, boycott save on foods
Yet another NDP failure but hey let’s keep voting these clowns in.
Surprised Brookfield didn’t swoop in again and snatch it up, coulda been a nice payday for carney! After all he worked so hard for this result!!
Side note to the below.
BC has 55 to 60.3 million hectares of forest. Million!!!! But between the NDP, FNs and Unions they basically drove away the last of our forestry industry over the past 15 years.
Has to be the only place on the entire planet this dysfunctional. Well maybe not Haiti or the Ukraine at the moment but that’s about the bar you can measure too.
Bravo Eby!
Downward pressure on prices, union wages continually increasing. Go figure it’s doesn’t work anymore.
Maybe now the unions and workers would like to renegotiate about wages. Lol Maybe 30% less is better than zero now eh? Oops too late.
You get what you deserve.