Canadian government awards funding to Quebec pellet project

By Erin Voegele | November 13, 2018

The Canadian government has announced it will provide financial support to aid the development of a fully integrated industrial wood pellet and sawmill complex under development by Granule 777 Inc. in Quebec adjacent to its Barrette-Chapais sawmill.

Natural Resources Canada is making a $15 million investment in the project through its Investments in Forest Industry Transportation program. Canada Economic Development is also making a repayable contribution of $5 million to the project through its Quebec Economic Development Program that will enable the company to acquire strategic and innovative production equipment.

Once operational, the mill will have the capacity to manufacture 210,000 metric tons of wood pellets annually from 450,000 green metric tons of biomass. The project is expected to create 40 new jobs for mill operations.

“We are very excited about the construction of this innovative integrated wood pellet plant, adjacent to our Barrette-Chapais sawmill,” said Benoit Barrette, president of Granule 777. “Over the past few years, we have successfully gathered the necessary winning conditions to move ahead with this project and make it a reality. We firmly believe it will be something very positive for the value-added sawmills’ co-products, the local communities and the overall forestry sector in the province.”