06/02/2026
It is well worth looking up this great story by The Tyee's Ben Parfitt today for an in-depth look into B.C.'s flawed forest tenure system.
On paper, logging licences give companies like Canfor an “allowable annual cut” that entitles them to log vast swaths of publicly-owned forests each year.
The higher those allowable cuts are, the more valuable those licences are to the companies that hold them, writes Ben.
But what if Canfor and others aren’t logging at rates close to what their licences say they can? If they sell such licences, what should those licences be valued at? And what role should the B.C. government play as the party that issues those licences and must approve any future sales?