Insights with Don Mills and David Campbell- An Acadia Broadcasting Podcast

Forestry Sector in Recovery Mode in Nova Scotia 
 
The closure of Northern Pulp was a significant blow to the forestry sector in Nova Scotia creating a gap in demand for low grade fiber of 1.5 metric Tonnes. Despite this blow, the forestry industry still employs 6,000 workers in the province and generates $1.8 billion of economic activity and remains an important contributor to the economy in Nova Scotia. Our Insights Podcast this week features a wide-ranging conversation with Stephen Moore, the Executive Director of Forest Nova Scotia. One of those topics is the impact of the implementation of the Lahey Report on the industry which has a target of conserving 30 percent of forest lands in the province. As Moore points out, this conservation goal has the potential to increase the risk of forest fires in the province if those lands are not properly managed. In terms of conservation, the industry currently harvests about 2.5 million trees annually of the 600 million trees in the province. The goal of tripling housing means the demand for lumber will also triple in this region in the near future. This presents an unprecedented opportunity for the forestry industry to grow and expand while ensuring the long-term sustainability of this sector.

Subscribe to the newsletter to stay up to date with future episodes.

What is Insights with Don Mills and David Campbell- An Acadia Broadcasting Podcast?

This podcast combines the experiences of an economist, David Campbell and a social scientist, Don Mills, to explore the challenges and opportunities facing Atlantic Canada, to promote data-driven decision making among policymakers and to encourage a wider dialogue and debate leading to greater prosperity for the region. Expect to hear interviews with the top influencers, business leaders and decision-makers across Atlantic Canada to inform, educate and expand the conversations on the key issues facing the region.