Plans for One Sky Forest Products OSB Mill in Prince Albert Face Delays but Remain Active

Plans for One Sky Forest Products’ OSB mill in Prince Albert, Saskatchewan, have grown uncertain amid market uncertainty, although project leaders say it has not been abandoned, paNOW reported (10-1-25).

A source close to the project said the company’s board of directors met recently and unanimously decided not to cancel or shelve the venture but to explore ways to move it forward, despite trade uncertainty with the US.

“It’s taking way too long, and harder than we were hoping, but we have not given up,” the source said. The timing of the project—supposed to be completed in 2027 and provide 700 jobs—will depend on whether they can tap into financing support sooner rather than later.

The province granted One Sky a timber allocation of nearly 1.2 million m³ last September. The company was formed in 2020 by several First Nations and partners, including Montreal Lake Business Ventures, Meadow Lake Tribal Council, Big River First Nation, and Tatanka Oyate Holdings, who jointly created Indigenous Forestry Investments (IFI) to represent their interests.

The Ministry of Energy and Resources said it continues to work with One Sky and remains committed to attracting a major forestry facility to Prince Albert.

“The timber allocations issued to One Sky to support their OSB mill remain valid; however, as with all timber allocations, there are requirements to proceed with construction and operations,” the ministry said.