- Newfoundland and Labrador's forest industry is valued at $286.5 million annually and directly and indirectly employs over 5,000 men and women, in pulp and paper, sawmilling, harvesting and value-added enterprises.
- The sector has experienced mixed results over the past number of years.
- The demand and market price for newsprint has shown stability over the past five years, however newsprint market prices have recently dropped by 10 percent in the first quarter of 2015.
- Lumber production in Newfoundland and Labrador declined in 2014; however the market price for lumber increased due to the United States housing market continuing its rebound from the economic collapse in 2008.
- The value added and wood energy sectors continue to make stable and strong contributions to the wood products industry.
- An innovative approach to forest industry development is required to ensure that the current benefits of a competitive and sustainable industry are maintained and the industry is positioned for the challenges of the future.
The Forest Service of Newfoundland and Labrador is responsible for the management, protection and utilization of the forest resources of the
province. The forest service supervises, controls and direct all matters relating to:
- constructing and maintaining forest access roads;
- protecting the forests of the province from fire, insect and disease;
- carrying out programs of afforestation, reforestation, forest improvement and tree improvement;
- cutting, classifying, measuring, manufacturing, marking and inspection of trees and timber;
- preparing timber management plans for areas of productive forest land; and
- developing and maintaining an up-to-date inventory of the timber resources of the province.
The Forest Service complements this full line of duties by conducting research activities surrounding ecosystem sustainability, and the
subsequent enforcement of the Forestry Act as components of forest management.
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