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Kenora MP Greg Rickford announced Thursday an additional $5 million investment in Two Feathers Forest Products Ltd. from Human Resources and Skills Development Canada. The investment brings the total federal government contribution to more than $13 million, setting the project and its partners on a course to bring real economic development to Northwestern Ontario, Rickford said. Wabigoon Lake Ojibway Nation, Eagle Lake First Nation, Pikangikum First Nation and Finland-based Wood Tech Group Inc. have formed Two Feathers Partnership and are proposing value-added forest product facilities in Red Lake and Eagle Lake using state-of-the-art Scandinavian technology. The company‘s head office would be at Wabigoon Lake, with the Red Lake site housing log sorting, milling and chipping facilities, as well as a 9.9-megawatt biomass co-generating station. Cut lumber from Red Lake would be shipped by truck to the Eagle Lake facility to be used in the production of wood pellets and prefabricated timber buildings for sale in Asia and Europe. The project would employ about 130 people when operational in 2011. “For about a year now, I have been working with Two Feathers and the First Nations Communities of Wabigoon, Eagle Lake and Pikangikum, alongside my federal colleagues, to get to this point,” Rickford said, adding that “Two Feathers asked for $10.5 million towards this project and after all is said and done, the federal government will have exceeded that request by more than $3 million dollars. “This really is a great day for Northwestern Ontario,” Rickford added. Besides the $5 million announced Thursday, federal funding flowing to the project includes: $900,000 for site preparations at Eagle Lake for wood processing plant, $4.5 million initially to the Two Feathers project, $2.3 million for development of thr Nungesser Road Industrial Park in Red Lake, $691,000 for a training facility in Pikangikum, and $500,000 for the extension of municipal services in Red Lake. Top of Page |
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September 2, 2010, 8:49 am |