Wood Business

Industry News News Forestry Management Harvesting
Alberta gov. signs first new forest management area agreement in 12 years


July 26, 2021
By Ellen Cools


Topics

The government of Alberta has signed its first new forest management area (FMA) agreement in 12 years with Crowsnest Forest Products Ltd., affiliated to Spray Lake Sawmills (SLS).

According to Cochrane Now, the 20-year agreement will provide $32 million in payments to the province through timber dues, holding and protection charge payments, and add $225 million to Alberta’s GDP.

The FMA is approximately 3,511 kilometres large. The agreement does not increase the amount of wood Crowsnest Forest Products can harvest, but secures their access to fibre for the next 20 years. Crowsnest will also prepare the next forest management plan for the area in 2026.

Read the full story here.

Advertisement