The tragedy of the current tenure system is that Crown forests in B.C. currently achieve one of the lowest levels of timber productivity in the western world
Business in Vancouver Speculative investors in B.C.’s forest sector are becoming increasingly excited about the prospects of a lumber “super-cycle.” Their excitement is justified. The outlook for a windfall of super-profits within the next several years is supported by an unprecedented rising imbalance between timber demand and supply. Not just in B.C., but in many regions globally. …One good thing arising from the pine beetle tragedy is this: there’s an emerging recognition that it’s time for structural changes in B.C.’s timber supply model. In other words, bold tenure reform.
Canada West Jul 24, 2012
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