STATE OF THE NORTH 2019 Connecting the City with the Forest September 26 th , 2019
EACOM GROWTH ➔ Rebuild of Timmins Sawmill ➔ Restart of Ear Falls Sawmill ➔ Acquisition of Sault Ste Marie I-Joist mill 3
ONTARIO FORESTRY SECTOR ➔ 150,000 direct & indirect jobs ➔ +$16 billion in economic activity, and growing! ➔ Ontario is strategically located next to the world’s largest economy • 96% of Ontario’s wood product exports are destined to the US ➔ Supplying the Greater Toronto Area 4
SOFTWOOD LUMBER DISPUTE ➔ History repeating itself – we are in the 5 th iteration of the dispute ➔ Canadian producers started paying a duty on all shipments of softwood lumber to the US in April 2017 ➔ Canada fights back by appealing to the WTO & NAFTA Chapter 19 ➔ EACOM shipments to the US are subject to a 20.23% border tax until a resolution is achieved 5
EACOM MARKETS 36% Can anad ada U.S .S.A .A. 41% 1% 59% 59% 6
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ONTARIO CONTEXT ➔ 14.3 million people ➔ 780,000 people in Northern Ontario ➔ 133 First Nations communities ➔ 88% of Ontario forests publicly owned ➔ Northern communities resources dependent 8
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MASS TIMBER Nordic.ca Nrcan.gc.ca 10
NaturallyWood.com 11
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Carbon constitutes approximately 50% the dry mass of trees and when wood from these trees is used in wood products, the carbon is stored for the life of that product. 13
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BROCK COMMONS VANCOUVER, BC 15
Actonostry.ca 16
TALL WOOD COMES TO TORONTO 17
TALL WOOD COMES TO TORONTO CanadianArchitect.com 18
TALL WOOD COMES TO TORONTO 19
WHAT’S NEXT? ➔ The new 2020 National Building Code of Canada to include the use of mass timber construction for 12-storey structures. 20
ONTARIO WOOD WORKS! AWARD WINNERS 21
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Christine.Leduc@EACOM.ca @Leducchr @EACOMTimberCo
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