Quebec – Canada Economic Development for Quebec Regions (CED) Supporting the growth of the forestry industry through the adoption of cutting-edge technology contributes to economic development in Quebec’s regions. That is why the Honourable Pascale St‑Onge, Member of Parliament for Brome–Missisquoi, Minister of Sport and Minister responsible for CED, today announced a repayable contribution of $10 million for Uniboard.
This CED support will enable Uniboard to boost its productivity and production capacity, expand its product line and have a negative carbon footprint thanks to new equipment and carbon sequestered in sustainable products.
Uniboard Canada employs 850 people in its four Quebec plants located in the Abitibi-Témiscamingue, Bas-Saint-Laurent and Laurentides regions and at the company’s head office in Laval. The Val-d’Or plant specializes in manufacturing engineered wood products such as particleboard and TFL panels for use in the construction industry. In all, 26 jobs will be created with this project.
The Government of Canada recognizes and supports businesses and organizations that are a source of pride in their communities. Quebec’s economic recovery relies on organizations with strong roots in the regional economy. They are major contributors to growth, as well as key assets in rebuilding a stronger, more resilient, greener, and more just economy for all.