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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                    FORM 40-F

(Check One)

/ /  Registration statement pursuant to Section 12 of the Securities Exchange
     Act of 1934

                                         or

/X/  Annual report pursuant to Section 13(a) or 15(d) of the Securities Exchange
     Act of 1934

     For Fiscal year ended: DECEMBER 31, 2002  Commission File number: 000-49751

                           NORSKE SKOG CANADA LIMITED
             (Exact name of Registrant as specified in its charter)

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<S>                                      <C>                                             <C>
                CANADA                                      2621                                  NOT APPLICABLE
  (PROVINCE OR OTHER JURISDICTION OF     (PRIMARY STANDARD INDUSTRIAL CLASSIFICATION     (I.R.S. EMPLOYER IDENTIFICATION
    INCORPORATION OR ORGANIZATION)               CODE NUMBER, IF APPLICABLE)                  NUMBER IF APPLICABLE)
</Table>

                     16TH FLOOR, 250 HOWE STREET, VANCOUVER,
                BRITISH COLUMBIA, CANADA, V6C 3R8 (604) 654-4000
    (ADDRESS AND TELEPHONE NUMBER OF REGISTRANT'S PRINCIPAL EXECUTIVE OFFICE)

                   CT CORPORATION SYSTEM, 111 EIGHTH AVENUE,
                    NEW YORK, NEW YORK 10011 (212) 894-8700
                  (NAME, ADDRESS AND TELEPHONE NUMBER OF AGENT
                      FOR SERVICE IN THE UNITED STATES)

Securities registered or to be registered pursuant to Section 12(b) of the Act:
N/A

Title of each class: N/A        Name of each exchange on which registered: N/A

Securities registered or to be registered pursuant to Section 12(g) of the
Act: COMMON SHARES

Securities for which there is a reporting obligation pursuant to Section
15(d) of the Act: COMMON SHARES

For annual reports, indicate by check mark the information filed with this
form:
/X/ Annual Information Form           /X/ Audited Annual Financial Statements

Indicate the number of outstanding shares of each of the issuer's classes of
capital or common stock as of the close of the period covered by the annual
report: 205,910,132 COMMON SHARES

Indicate by check mark whether the registrant by filing the information
contained in this form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of
1934 (the "Exchange Act"). If "Yes" is marked, indicate the file number
assigned to the registrant in connection with such rule.

                                 Yes / /    82-______   No /X/

Indicate by check mark whether the registrant: (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Exchange Act during the
proceeding 12 months (or for such shorter period that the registrant was
required to file such reports); and (2) has been subject to such filing
requirements for the past 90 days.

                                 Yes /X/    No / /
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                                       2

                  UNDERTAKING AND CONSENT TO SERVICE OF PROCESS

A.   UNDERTAKING

     Norske Skog Canada Limited (the "REGISTRANT") undertakes to make available,
     in person or by telephone, representatives to respond to inquiries made by
     the staff of the Securities and Exchange Commission ("SEC"), and to furnish
     promptly, when requested to do so by the SEC staff, information relating
     to: the securities registered pursuant to Form 40-F; the securities in
     relation to which the obligation to file an annual report on Form 40-F
     arises; or transactions in said securities.

B.   CONSENT TO SERVICE OF PROCESS

     The registrant has previously filed a Form F-X in connection with the class
     of securities in relation to which the obligation to file this report
     arises.

                             CONTROLS AND PROCEDURES

A.   EVALUATION OF DISCLOSURE CONTROLS AND PROCEDURES

     As of a date within 90 days prior to the date of this report, the
     registrant conducted an evaluation (under the supervision and with the
     participation of the registrant's management, including the chief executive
     officer and chief financial officer), pursuant to Rule 13a-15 promulgated
     under the Securities Exchange Act of 1934, as amended (the "EXCHANGE ACT")
     of the effectiveness of the design and operation of the registrant's
     disclosure controls and procedures. Based on this evaluation, the
     registrant's chief executive officer and chief financial officer concluded
     that such disclosure controls and procedures are effective to ensure that
     information required to be disclosed by the registrant in reports it files
     or submits under the Exchange Act is recorded, processed, summarized and
     reported within the time periods specified in the rules and forms of the
     SEC.

B.   CHANGES IN INTERNAL CONTROLS

     There were no significant changes in the internal controls or in other
     factors that could significantly affect the registrant's internal controls
     subsequent to the date of the evaluation, including any corrective actions
     with regard to significant deficiencies and material weaknesses.

                           FORWARD-LOOKING INFORMATION

All statements, other than statements of historical facts, included herein
that address activities, events or developments that the registrant expects
or anticipates will or may occur in the future, including such things as
future cost savings, synergies or capital expenditures (including the amount
and nature thereof), product prices, business strategy and measures to
implement strategy, competitive strengths, goals, expansion and growth of our
company's businesses and operations, plans, references to future success and
other such matters and forward-looking
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                                      3

statements. When used herein, the words "estimate," "project," "anticipate,"
"expect," "intend," "believe" and similar expressions are intended to
identify forward-looking statements. Whether actual future results and
developments will conform with expectations and predictions is subject to a
number of risks and uncertainties, including those considerations discussed
in the "Management's Discussion and Analysis - Uncertainties" section of our
annual report for the fiscal year ended December 31, 2002. Important factors
that could cause actual results to differ materially from those implied by
the forward-looking statements include, but are not limited to competition
from other pulp and paper manufacturers; cyclical pricing and demand in
markets for our products; requirements for additional capital expenditures;
and availability of fiber supply.

Consequently, all of the forward-looking statements made herein are qualified
by these cautionary statements and there can be no assurance that the actual
results or developments anticipated by the registrant will be realized. The
registrant undertakes no obligation to release publicly any revisions to any
forward-looking statements to reflect events or circumstances after the date
hereof or to reflect the occurrence of unanticipated events.

                                  SIGNATURES

Pursuant to the requirements of the Exchange Act, the registrant certifies
that it meets all of the requirements for filing on Form 40-F and has duly
caused this annual report to be signed on its behalf by the undersigned,
thereto duly authorized.

                                      NORSKE SKOG CANADA LIMITED

                                      By:     "RALPH LEVERTON"
                                              ---------------------------
                                      Name:   RALPH LEVERTON
                                      Title:  Vice President, Finance
                                              and Chief Financial Officer

Date: April 2, 2003
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                                       4

                                 CERTIFICATIONS

I, Russell J. Horner, the President and Chief Executive Officer of Norske
Skog Canada Limited (the "REGISTRANT"), certify that:

1.   I have reviewed this annual report on Form 40-F of the registrant;

2.   Based on my knowledge, this annual report does not contain any untrue
     statement of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this annual report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this annual report, fairly present in all material
     respects the financial condition, results of operations and cash flows of
     the registrant as of, and for, the periods presented in this annual report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Securities Exchange Act Rules 13a-14 and 15d-14) for the registrant and
     have:

     a)   Designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this annual report
          is being prepared;

     b)   Evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this annual report (the "EVALUATION DATE"); and

     c)   Presented in this annual report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (and persons performing the
     equivalent function):

     a)   All significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b)   Any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

6.   The registrant's other certifying officers and I have indicated in this
     annual report whether there were significant changes in internal controls
     or in other factors that could significantly affect internal controls
     subsequent to the date of our most recent evaluation, including any
     corrective actions with regard to significant deficiencies and material
     weaknesses.

Date: April 2, 2003

                                      "RUSSELL J. HORNER"
                                      -------------------------------------
                                      Russell J. Horner
                                      President and Chief Executive Officer
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                                       5

I, Ralph Leverton, the Vice President, Finance and Chief Financial Officer of
Norske Skog Canada Limited (the "REGISTRANT"), certify that:

1.   I have reviewed this annual report on Form 40-F the registrant;

2.   Based on my knowledge, this annual report does not contain any untrue
     statements of a material fact or omit to state a material fact necessary to
     make the statements made, in light of the circumstances under which such
     statements were made, not misleading with respect to the period covered by
     this annual report;

3.   Based on my knowledge, the financial statements, and other financial
     information included in this annual report, fairly present in all material
     respects the financial condition, results of operations and cash flows of
     the registrant as of, and for, the periods presented in this annual report;

4.   The registrant's other certifying officers and I are responsible for
     establishing and maintaining disclosure controls and procedures (as defined
     in Securities Exchange Act Rules 13a-14 and 15d-14) for the registrant and
     have:

     a)   Designed such disclosure controls and procedures to ensure that
          material information relating to the registrant, including its
          consolidated subsidiaries, is made known to us by others within those
          entities, particularly during the period in which this annual report
          is being prepared;

     b)   Evaluated the effectiveness of the registrant's disclosure controls
          and procedures as of a date within 90 days prior to the filing date of
          this annual report (the "EVALUATION DATE"); and

     c)   Presented in this annual report our conclusions about the
          effectiveness of the disclosure controls and procedures based on our
          evaluation as of the Evaluation Date;

5.   The registrant's other certifying officers and I have disclosed, based on
     our most recent evaluation, to the registrant's auditors and the audit
     committee of registrant's board of directors (and persons performing the
     equivalent function):

     a)   All significant deficiencies in the design or operation of internal
          controls which could adversely affect the registrant's ability to
          record, process, summarize and report financial data and have
          identified for the registrant's auditors any material weaknesses in
          internal controls; and

     b)   Any fraud, whether or not material, that involves management or other
          employees who have a significant role in the registrant's internal
          controls; and

6.   The registrant's other certifying officers and I have indicated in this
     annual report whether there were significant changes in internal controls
     or in other factors that could significantly affect internal controls
     subsequent to the date of our most recent evaluation, including any
     corrective actions with regard to significant deficiencies and material
     weaknesses.

Date:  April 2, 2003

                                      "RALPH LEVERTON"
                                      ---------------------------
                                      Ralph Leverton
                                      Vice President, Finance and
                                      Chief Financial Officer
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                                   EXHIBIT INDEX

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<Caption>
EXHIBIT NO.     DESCRIPTION
<S>             <C>
1               Annual Information Form

2               Audited Consolidated Financial Statements of Norske Skog Canada
                Limited for the year ended December 31, 2002

3               Management's Discussion and Analysis

4               Consent of KPMG LLP

5               U.S. Reporting Difference
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