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Quebec announces $300M aid package


October 20, 2006
By Pulp & Paper Canada

It’s a lot of money, but it isn’t going exactly where some had hoped.

It’s a lot of money, but it isn’t going exactly where some had hoped.

Jean Charest’s Liberal government pledged $300 million to help Quebec’s ailing forestry industry, but the capital will not be directed to actual mills or Crown Land cutting fees. Rather, the funds will instead go to help retrain workers who have lost their jobs, to reforestation projects and to communities affected by mill closures.

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The government also confirmed it will make available the previously announced $425 million fund to be used for mills to modernize their facilities.

“We must restructure our forestry sector and change the way we do things,” Reuters reported Quebec Premier Jean Charest as saying at a press conference in Trois-Rivires on October 20.


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