FREDERICTON – New Brunswick is going to allow its forestry industry to harvest an additional 660,000 cubic metres of wood a year.
Natural Resources Minister Paul Robichaud says the 20 per cent increase will bring the total to about 3.9 million cubic metres of spruce and fir, enough to add 500 new jobs.
Robichaud and Premier David Alward made the announcement today during the unveiling of the province’s forestry strategy in Fredericton.
Robichaud says the strategy is expected to generate more than 1,200 construction jobs as 40 mills around the province begin to modernize.
He says the industry is at a crossroads and needs to be more competitive to survive into the future.
The minister also says the province will follow through with a commitment to increase the number of protected natural areas in the province, bringing the total area to 270,000 hectares.