EACOM Welcomes Ontario Budget, Including Measures that Support Forestry

MONTREAL, Feb. 25, 2016 /CNW Telbec/ - EACOM Timber Corporation is pleased to welcome the 2016 Ontario provincial budget, delivered today by Finance Minister Charles Sousa.

EACOM is especially pleased with Premier Wynne's sustained commitment of $60 million in public resource access roads funding for 2016-17. This funding demonstrates the Government's support for building and maintaining public resource access roads in Northern and rural Ontario that benefit all Ontarians.

"We'd like to thank Minister Bill Mauro and the Ministry of Natural Resources and Forestry for their continued support of Ontario's forest products sector," said Kevin Edgson, President and CEO of EACOM Timber Corporation. "Our forest products sector is a world leader in innovation, trade, diversification, and sustainability. The support provided in the 2016 budget will help to strengthen Ontario's industry, and create stability for our people and the communities in which we work."

EACOM is proud to be a part of Ontario's forest products sector, which directly employs 56,500 people. Working together with the provincial government, the sector expects to see continued growth, providing innovative, sustainably harvested wood products to consumers in Canada and around the world.

About EACOM

EACOM Timber Corporation is a major Eastern Canadian wood products company formed in 2008. Operations include the manufacturing, marketing, and distribution of lumber and wood-based value-added products, and the management of forest resources. EACOM currently owns seven sawmills (five in Ontario, two in Quebec), a remanufacturing facility (Quebec), and a partnership operation in an engineered I-joist plant (Ontario) for a total of 800 employees. The Company is committed to investing in strong assets, including healthy forests, advanced technology, and talented people. For more information visit our website at www.eacom.ca and follow us on Twitter @EacomCorp.

 

SOURCE EACOM

Image with caption: "A truck carrying logs to the mill (CNW Group/EACOM)". Image available at: http://photos.newswire.ca/images/download/20160225_C1644_PHOTO_EN_629912.jpg

For further information: Christine Leduc, Director, Public Affairs, EACOM Timber Corporation, T: 514-848-6815 C: 514-237-3335, christine.leduc@eacom.ca

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