The B-C Premier says the province is making five million dollars available for loans to help contractors who are in danger of losing their equipment due to a forest industry strike on Vancouver Island.
John Horgan says the program for struggling forest industry contractors will be available by the end of this month with bridge loans to help save equipment.
He announced the funding during a speech to forest industry contractors at the annual Truck Loggers Association convention in Vancouver.
Horgan spent much of his speech addressing the labour dispute between Western Forests Products and the Steelworkers union, saying the seven-month strike is unprecedented in B-C history and he’s urged both sides to negotiate a settlement.
