Sydney Steel Corporation Business Plan 2004-05 (continued)

Core Business Areas

SERL/Sysco will focus on the following six core business areas in 2004-2005. Together, they form an ambitious agenda to further the Province of Nova Scotia's commitment to remediate and redevelop the Sysco site for the benefit of Cape Bretoners and Nova Scotians.


Demolition

By the end of 2005, the demolition of the Sysco is expected to be between 80 and 90 per cent complete. The largest demolition projects to be completed this year will be the EAF and universal mill buildings following the removal of their equipment. The remaining structures will be assessed for their ultimate removal or re-use in the new site development plan.


Local Labour and Supplies

Overall, the commitment to using local labour for Sysco projects throughout the site will continue for the duration of Sysco's mandate. SERL/Sysco is also committed to continuing its practice of purchasing local supplies and services whenever possible and feasible.