The Ontario government is opening the forest industry to jobs and promoting the use of sustainable renewable resources by investing in the province’s first cross-laminated timber plant.
John Yakabuski, Minister of Natural Resources and Forestry, announced an investment of almost $5 million in Element5’s new facility, which will create over 60 jobs in St. Thomas.
The $32 million manufacturing facility will help support the forestry sector’s 150,000 direct and indirect jobs in Ontario. Element5’s facility will be one of North America’s first fully automated cross-laminated timber plants. It will provide an environmentally friendly product that will be used to construct buildings and for other infrastructure projects in Canada and the U.S.
The government says it is committed to increasing the use of timber in the home building industry through the Made-in-Ontario Environment Plan and the Housing Supply Action Plan. This includes increasing the use of Ontario timber in buildings, and for construction and renovation to reduce emissions and encouraging mass timber demonstration projects.
The investment is being made through Ontario’s Forestry Growth Fund, which provides funding for forestry sector projects that improve productivity and innovation, enhance competitiveness, support new market access, and strengthen supply chains and regional economies.