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GreenFirst Welcomes Support from the Ontario Government in Kapuskasing
GreenFirst Welcomes Support from the Ontario Government in Kapuskasing Canada N...
About this update from Greenfirst Forest Products Inc
[{"type":"text","content":"\n \n \n \n GreenFirst Welcomes Support from the Ontario Government in Kapuskasing\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 30, 2022\n \n \n /CNW/ - GreenFirst Forest Products Inc. (TSX: GFP) (\"GreenFirst\" or the \"Company\") welcomed\n \n Greg Rickford\n \n , Minister of Northern Development, Mines, Natural Resources and Forestry to the Paper Mill in\n \n Kapuskasing\n \n to announce that the\n \n Ontario\n \n government is providing\n \n $400,000\n \n through the\n \n Northern Ontario Heritage Fund Corporation\n \n (NOHFC) to support and strengthen the forestry sector in\n \n Northern Ontario\n \n .\n \n \n \"The COVID-19 pandemic has resulted in many challenges, especially on the North American/Global newsprint markets. We are very pleased to receive the NOHFC funding from the\n \n Ontario\n \n government, which will assist in the restart of the curtailed paper machine allowing for increased production and stable jobs in\n \n Kapuskasing\n \n ,\" noted\n \n Paul Rivett\n \n , Chairman of GreenFirst Forest Products.\n \n \n Funds will go towards the restart of the curtailed paper machine that would allow GreenFirst to reposition the operation towards further growth while adding 45+ new jobs at the Kapuskasing Paper Mill.\n \n \n \"For generations, forestry has been the backbone of the\n \n Ontario\n \n economy,\" said\n \n Greg Rickford\n \n , Minister of Northern Development, Mines, Natural Resources and Forestry and Minister of Indigenous Affairs. \"Forestry provides good-paying jobs, builds our communities, and provides the markets with the greatest raw material of all—homegrown\n \n Ontario\n \n wood. Our government stands with our forestry sector and is proud to make this significant investment in GreenFirst and the\n \n Kapuskasing\n \n community.\"\n \n \n The NOHFC promotes economic prosperity across\n \n Northern Ontario\n \n by providing financial assistance to projects – big and small, rural and urban – that stimulate growth, job creation and sk...