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PM pledges one billion dollars for struggling mining, forestry towns

by Staff Writers
Ottawa (AFP) Jan 10, 2008
Prime Minister Stephen Harper announced Wednesday the creation of a one-billion-dollar fund to help Canada's struggling rural mining and forestry towns.

The new Community Development Trust is designed to help vulnerable communities and workers suffering economic hardships caused by the current volatility in global financial and commodities markets, Harper said in a statement.

"The program is aimed at one industry towns facing major downturns, or communities plagued by chronic high unemployment, or regions hit by layoffs across a range of sectors," he said.

"Among other things, it will support job training to create opportunities for workers in sectors facing labor shortages and community transition plans that foster economic development and create new jobs, and infrastructure development that stimulates economic diversification."

Canada's minority parliament must still approve the spending.

Once authorized, a base amount of 10 million dollars (Canadian, US) will be allocated to each province and three million dollars to each territory. The balance of the funding will be allocated on a per capita basis.

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No Convincing Evidence For Decline In Tropical Forests
Leeds, UK (SPX) Jan 08, 2008
Claims that tropical forests are declining cannot be backed up by hard evidence, according to new research from the University of Leeds. This major challenge to conventional thinking is the surprising finding of a study published in the Proceedings of the US National Academy of Sciences by Dr Alan Grainger, Senior Lecturer in Geography and one of the world's leading experts on tropical deforestation.







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