The Canadian government will monitor Canada's largest pulp and paper company to ensure it adheres to promises made to the federal government during the company's owner's takeover of a family-owned Indonesian-Chinese conglomerate. This decision was announced by Natural Resource Minister Jonathan Wilkinson to a parliamentary committee.
The Canadian government will monitor Canada’s largest pulp and paper company to ensure it respects the promises it made the federal government as the company’s owner takes over his family’s controversial Indonesian-Chinese pulp and paper conglomerate, Natural Resource Minister Jonathan Wilkinson told a parliamentary committee Wednesday.Timmins-James Bay New Democrat MP Charlie Angus says the Canadian government was misled by Canada's largest pulp and paper company .
In June 2023, industry officials told the committee that Paper Excellence had committed to ensuring that no less than two-thirds of its board of directors and three-quarters of its senior managers would be Canadian, to continue to produce kraft pulp at the mill in St. Félicien, Que., to maintaining annual maintenance levels and existing Canadian patents, to adhering to Canadian employment and environmental laws, and to learning from Resolute's environmental practices.
The company has described the move as normal succession planning by the Wijaya family and said APP will simply be a client of Paper Excellence. Angus said Paper Excellence is feeding Canadian wood fibre to China and said he is concerned that decisions about Canadian forests were being made in Shanghai.
This picture from 2017 shows a forest that was cleared to plant oil palm trees in south Sumatra. Global Forest Watchhas said the acceleration of tree cover loss in Indonesia is largely attributed to massive expansion of oil palm plantations.
CANADIAN GOVERNMENT MONITORING PULP AND PAPER COMPANY PROMISES TAKEOVER TIMMINS-JAMES BAY
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