Eagle Lake First Nation received $829,000 from the recent Community Adjustment Fund (CAF) announcement
This will support the Two Feathers Forest Products LP (TFFP) value added initiative. TFFP is a partnership involving Wabigoon Lake Ojibway Nation, Pikangikum First Nation, Eagle Lake First Nation and Finnish based Wood Tech Group.
TFFP will develop two value-added forest products processing facilities, one at the Municipality of Red Lake and the other at Eagle Lake First Nation. The Red Lake site will house the primary sawing facility including log sorting, grading, and chipping facilities with a 9.9MW biomass cogeneration plant to generate electricity for sale into the Ontario power grid. Wood processed at the Red Lake site will be trucked to a planer mill at Eagle Lake First Nation for further value adding to specialized components and assembly ready building packages.
The CAF funding is an important step towards securing the jobs that will be created by manufacturing this product for export to overseas markets in Europe and Asia.
As part of the Federal funding process, an Environmental Screening Report has been undertaken. The complete document is available at www.twofeatherswood.com
TFFP’s President Terry Favelle stated, “We are pleased with our projects continued momentum and having reached this next step in Two Feathers funding. We thank our MP, Greg Rickford, for his continual support”. Favelle went on to say, “We look forward to working with MP Rickford and others to finalize funding and make Two Feathers Forest Products LP a reality.”