Valemount Community Forest earnings down

The structure of the community forest changed this year to become a Limited Partnership, but “falling markets, poor weather conditions and the loss of Canfor Vavenby and Interfor Adams Lake as purchasers has very negatively affected our business,” said General Manager Craig Pryor in his overview of 2019.

The Valemount Community Forest and the Valemount Industrial Park held their Annual General Meetings last week at the Valemount Community Hall and the news is mixed: progress is happening at the industrial park, but earnings are down in forestry. Total net earnings of the Valemount Community Forest Limited Partnership for 2019 were $129,940. The structure of the community forest changed this year to become a Limited Partnership, but “falling markets, poor weather conditions and the loss of Canfor Vavenby and Interfor Adams Lake as purchasers has very negatively affected our business,” said General Manager Craig Pryor in his overview of 2019. …Last year they logged about 80,000 cubic metres using four different logging contractors. In 2019 they planted 350,000 trees.
By Andru McCracken
The Rocky Mountain Goat
July 19, 2020

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