Northern Peninsula forest industry's potential revival hits roadblocks with campaign underway

Industry News

The latest attempt to revive the forest industry on the Northern Peninsula may have suffered a setback — with political overtones — due to investment issues, personnel changes and a southward shift in the attentions of the parent company behind the project.

Sources say the company behind the venture, Timberlands International, is struggling to entice international investors to pump money into the project, and that the "tone and tenor" of reaction to the proposal in the region may be a factor.


Source: CBC News


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