Bowater and Nova Scotia strike land deal
March 27, 2007 By Pulp & Paper Canada
A sale by Bowater Mersey Paper will allow the province of Nova Scotia to conserve thousands of hectares of land. By…
A sale by Bowater Mersey Paper will allow the province of Nova Scotia to conserve thousands of hectares of land. By March 31, a total of 29 parcels of land in six counties will be transferred from the company to the province.
One hundred percent of this land is slated for conservation, Premier Rodney MacDonald said. Each parcel of land will receive the individual attention needed, making sure the most appropriate protections are used in the most appropriate fashion.
For a total of $27 million, the parcels of land include properties with coastal or inland water frontage, old growth forests, and some rare and endangered species.
The people at Bowater Mersey recognized that all these special properties deserved the provinces attention, Natural Resources Minister David Morse said. Together, the province and Bowater came up with a plan that allowed us to conserve these special properties while providing some economic support to a good corporate and environmental citizen.
Bowater also confirmed it is pleased with the deal. We are very proud that after nearly 80 years of sustainably managing our forest land in Western Nova Scotia to provide wood for our business, Bowater Mersey can provide these exceptional areas to be included in the provinces land base, Bruce Nunn, vice-president and resident manager said. The funds from this sale will be used to help secure our operations for the future.
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