TEMISCAMING, QC, July 10 /CNW Telbec/ - Tembec has resigned from the
Ontario Forest Industries Association (OFIA) in response to a series of
inappropriate tactics including the participation in a press release issued by
Ontario Forestry Coalition (OFC) today on the subject of the Endangered
Species Act. The press release issued earlier today contained comments on a
meeting between industry officials and the Ontario Minister of Natural
Resources regarding the Endangered Species Act which none of the persons
quoted had attended. As a result of this action and other actions taken by the
OFIA, Tembec announced its immediate resignation from the Association.
"Recent events involving the OFIA have left Tembec no option but to fully
dissociate ourselves from their tactics. Our resignation from the OFIA is
effective immediately," said James Lopez, President and Chief Executive
Officer of Tembec. "The issues around resource management and endangered
species are complex and the implementation of new policies, such as the
Endangered Species Act, require dialogue between all stakeholders. The meeting
referenced in the OFC press release, in which Tembec did participate,
demonstrated the willingness by Minister Cansfield to build a forum for such
open and constructive dialogue."
Mr. Lopez characterized the comments contained in the release as a breach
of trust. "The Minister had invited a number of industry representatives in to
discuss a range of issues, including the ESA. To take this constructive
approach by the Minister and have individuals and groups that were not even
present use it in an effort to create public pressure is not an approach with
which we want to be associated. We cannot condone violations of good faith and
efforts to apply undue public pressure."
Tembec is a large, diversified and integrated forest products company
which stands as the global leader in sustainable forest management practices.
With operations principally located in North America and in France, the
Company employs approximately 8,000 people. Tembec's common shares are listed
on the Toronto Stock Exchange under the symbol TMB and warrants under TMB.WT.
Additional information on Tembec is available on its website at
For further information:
For further information: Richard Fahey, Vice President, Communications
and Public Affairs, (514) 871-2304, firstname.lastname@example.org