NOVA SCOTIA LUMBER COMPANY RECEIVES LOAN GUARANTEE . . . CASCADES TO CLOSE KRAFT PAPER OPERATIONS IN EAST ANGUS . . . NOVA SCOTIA APPOINTS NEW MANAGER FOR PROVINCIAL EXHIBITION IN TRURO . . . RARE LICHEN IN NEED OF RECOVERY . . . OTHER NEWS OF INTEREST...

NOVA SCOTIA LUMBER COMPANY RECEIVES LOAN GUARANTEE

Source: Nova Scotia Business Inc.

Nova Scotia Business Inc. (NSBI) has authorized a $1.5 million loan guarantee to assist Ledwidge Lumber in establishing a new private-sector line of credit. Douglas Ledwidge, president of Ledwidge Lumber, said they have grown their family business over 70 years. (read more)

CASCADES TO CLOSE KRAFT PAPER OPERATIONS IN EAST ANGUS
Source: Pulp & Paper Canada

Cascades is withdrawing from the kraft paper sector and closing its kraft paper manufacturing activities at the East Angus, Que., plant because of unfavourable market conditions and the failure of discussions with a potential buyer. Close to 175 employees will be affected by the closure, which will come into effect by October 3, 2014. The coated boxboard plant in East Angus is not affected by this announcement. (read more)

NOVA SCOTIA APPOINTS NEW MANAGER FOR PROVINCIAL EXHIBITION IN TRURO
Source: CP
Nova Scotia has appointed a new general manager for the Provincial Exhibition grounds and harness racing track in Truro. Agriculture Minister Keith Colwell says Stephen Pottie will start his job immediately. Pottie has led operations of a number of facilities in the province, including Exhibition Park, the East Hants Sportplex, and most recently the CFB Halifax Curling Club. (read more)

RARE LICHEN IN NEED OF RECOVERY
Source: Farm Focus
It was only in 2006 that the presence of a rare lichen was first detected in Newfoundland and Labrador. Less than a decade later, biologists are trying to find a way to protect the small population that remains. Vole ears lichen is a large and leafy variety of lichen found on trees. It has a felty and grayish-brown upper surface that turns gray-green when it becomes moist. Lichen are composite organisms typically formed by a fungus and either green alga or a bacteria. (read more)