British Columbia Premier takes Western Forest Products' plan for C$200M investment in Vancouver Island operations as sign of industry's returning confidence in markets, government direction
Audrey Dixon
NANAIMO, British Columbia
,
October 19, 2011
(The Daily News (Nanaimo))
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Western Forest Products plans to invest $200 million in the Nanaimo area, Lee Doney, vicechairman of the board of directors, told B.C. Premier Christy Clark during an news conference at the Vancouver Island Convention Centre, Tuesday afternoon.
Clark said she was thrilled with the announcement. "You don't make investments if you don't have confidence," Clark said. "Forest communities across Vancouver Island are starting to feel confident again," said Clark, who acknowledged that confidence has been helped by China's demand for B.C. wood. "More than 25 mills have opened or re-opened across B.C. as a result of China." "When people have jobs, they put money back into the economy." "Companies like Western Forest Products have shown that B.C. has what it takes," Clark said. WFP has seen seven consecutive profitable quarters, said Doney. Bill Routley, the NDP's deputy forest critic and Cowichan Valley MLA was less-than-impressed with the announcement. "This is just smoke and mirrors. We are still down about 30,000 workers in the coastal forest industry." As Occupy Nanaimo protesters chanted outside the conference centre that people needed jobs, Routley said he wanted to know why the provincial and federal governments continue to allow raw log exports. "They have no labour standards, they have no environmental standards and we are selling them our raw logs so they can sell value-added products back to us."
"We officially opened our new head office here in Nanaimo last January and we've reopened our mills in Ladysmith, Duke Point and Nanaimo."
Doney said that the average wage for one of his mill employees is approximately $75,000 and he estimates that 100 people are now working at area mills.
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