Westbank First Nation

New WFN forest licence worth millions

Kelowna Capital News

A new forest licence has been awarded to the Westbank First Nation, in part of their traditional territory north of Big White. It will allow the band to harvest 32,400 cubic metres a year. The value of the new licence in timber sales could vary from the $40 a cubic metre or so that pulp wood receives, to a high of $80 a cubic metre for top-grade timber, and prices vary with the markets, explained WFN forestry manager Dave Gill. That would make the licence worth $1.44 to $2.56 million.

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