Gov’t cash targets Meadow Lake area
The provincial government handed out more than $3.15 million in infrastructure money Wednesday to help Meadow Lake recover from tough economic times.
The money is from the federal government’s community development trust fund, a $36.4-million fund administered by the province. The funding is intended to help Meadow Lake recover from the downturn in the forestry sector.
Saskatchewan’s forestry industry has been hit hard over the last three years, in part due to the softwood lumber dispute in the United States and more recently because of the meltdown in the U.S. housing industry.
Last year, NorSask Forest Products Ltd. — which operates a sawmill — announced layoffs and said it will cease operations.
The funding will be used to draw up an economic development plan, conduct a study on alternative sewage treatment and build a new waste water treatment facility, a press release said.