Current Programs:
Forest Sector Investments
More Information
Investors who choose Ontario are also choosing sustainable forest management. They can count on a competent workforce, a strategic geographical location, and a Province that works to enhance the competitiveness of its forest sector.
Over the last few years, the government implemented a series of measures to transform the forestry sector into green energy production, increase cost competitiveness, produce value-added products, explore exporting opportunities to new markets, promote Aboriginal economic development and attract foreign investment.
Since 2005, over $1 billion has been provided to the forestry sector through various initiatives. While some programs have closed to new applications, other forest sector programs are ongoing and have provided significant support to the industry.
The Northern Industrial Electricity Rebate Program and Northern Pulp and Paper Electricity Transition Program combined have provided more than $223 million toward reducing electricity costs for the forestry sector.
Under the Provincial Roads Funding Program, up to $75 million annually is made available to contribute to the expenses incurred by the forest industry to construct and maintain forest access roads.
The Ontario Wood Promotions Program is key to helping companies expand existing markets, identify non-traditional markets, improve the capacity of Ontario manufacturers to supply quality products and build awareness of the environmental benefits of wood.
How can we help you?
We can help companies leverage financial support through our many contacts and strong relationships with other companies, stakeholders, agencies, various levels of government and First Nations. We can also facilitate private and public sector investment in biomass energy projects, new technology and processes, diversification and the production of value-added products. Contact Us.
A Vision for Canada's Forests: 2008 and Beyond
This document supports the work of the Ministry of Natural Resources and its partners in advancing sustainable forest management. It focuses on two priorities: transforming the forest sector, and climate change.
View document »
Forest Industry Company | Location | Investment | Grant or Loan Guarantee | Announcement Date
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|---|---|---|---|---|
AbiBow Canada Inc. | Thunder Bay | $51.2 million | $9.6 million grant | March 15, 2011 |
Wincrief Forest Products Ltd. | Kenora | $2.7 million | $233,000 grant | August 5, 2010 |
Canadian BioPellet Inc. | Ingleside | $76.8 millions | $5.3 million grant | January 19, 2010 |
Global Sticks | Thunder Bay | $7.9 millions | $0.8 million grant & $2.9 million loan guarantee | September 25, 2009 |
Hanover Veneer Inc. | Hanover | $2.9 millions | $0.2 million grant & $0.8 million loan guarantee | October 16, 2009 |
Norampac Inc. | Trenton | $18 millions | $1.8 million grant | June 3, 2009 |
Little John Enterprises | Timmins | $2.5 million | $0.25 million grant | July 21, 2009 |
Abitibi-Bowater | Thunder Bay | $11.6 million | $1.16 million grant | October 15, 2008 |
Greenview Wood Products | Harcourt | $12.3 million | $1.5 million grant & $2.4 million loan guarantee | August 13, 2008 |
Olav Haavaldsrud | Hornepayne | $7 million | $5 million loan guarantee | February 15, 2008 |
Columbia Forest Products | Hearst | $3 million | $300,000 grant | February 15, 2008 |
Niska North | Chapleau | $4.32 million | $320,770 grant | February 14, 2008 |
Thunder Bay Fine Papers | Thunder Bay | $47.2 million | $1.5 million grant & $12.5 million loan guarantee | September 4, 2007 |
ATC Pembroke | Pembroke | $19.5 million | $1.6 million grant | August 28, 2007 |
Rosko Forestry Operations | Kirkland Lake | $3.7 million | $290,000 grant & $1.15 million loan guarantee | August 27, 2007 |
Olav Haavaldsrud Timber | Hornepayne | $7 million | $700,000 grant | August 13, 2007 |
Tembec | Chapleau and area mills | $27 million | Up to $3.36 million grant | August 13, 2007 |
Black Loon Millworks | Sault Ste. Marie | $4.7 million | $430,380 grant | July 25, 2007 |
Long Lake Forest Products | Nakina | $6 million | $600,000 grant | May 7, 2007 |
Terrace Bay Pulp | Terrace Bay | $45 million | $11 million grant& $11.5 loan guarantee | April 19, 2007 |
Garden River Truss | Garden River Reserve | $3.2 million | $280,000 grant | April 5, 2007 |
Abitibi-Consolidated | Fort Frances | $84 million | $22.5 million grant | March 8, 2007 |
Norampac | Trenton | $27 million | $6 million grant | February 28, 2007 |
Multiply Forest Products | Nipigon | $4 million | $400,000 grant | January 15, 2007 |
Tembec | Kirkland Lake | $19 million | $8 million loan guarantee | September 22, 2006 |
Flakeboard Company | Sault Ste. Marie | $16.5 million | $1.65 million | September 22, 2006 |
Bowater Canadian Forest Products | Thunder Bay | $13.9 million | $1.39 million grant | September 21, 2006 |
Grant Forest Products | Earlton | $20 million | $2 million grant | June 30, 2006 |
Fibratech | Atikokan | $6 million | $2.4 million loan guarantee |
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