Telus has recently invested $11.4 million (CAD) and has teamed up with Canadian reforestation company Flash Forest to develop and expand its post-wildfire reforestation using drones to plant tree seedlings, according to the BC news site “Castanet.”
News in timber
Boreal Carbon Corporation Acquires 20,000 Acres of Northern Ontario Timberland
Boreal Carbon Corporation, a private Canadian company with a vision of becoming a leading carbon credit developer, announced Tuesday that it has closed on the acquisition of 20,000 plus acres of institutional-quality timberland located in Northern Ontario.
BC and Canadian Federal Government Reach Settlement Agreement With Five First Nations on Treaty Land Entitlement Claims
On Saturday, five First Nations in BC, alongside government representatives, announced settlement agreements of the Nations’ Treaty Land Entitlements claims. The settlements resolve long-standing claims that these First Nations did not receive all the lands owed to them under a 1899 treaty.
US National Interagency Fire Center Wildfire Update for the Week Ending April 14th
The US National Interagency Fire Center is reporting that as of Friday, 30 large new fires were reported. Wildland firefighters and support personnel are working towards containment goals on 20 large fires in nine states, with the most activity being reported in Oklahoma.
Ontario Agrees to 10-Year Logging Ban on Grassy Nerve First Nation Land
In a letter sent from Ontario to the Asubpeeschoseewagong Netum Anishinabek First Nation, the province indicated that it has abandoned its plans to open a portion of the First Nation’s traditional forest to commercial logging for the next 10 years.
Prineville, Oregon, Receives $1 Million US Forest Service Grant to Further Develop a Renewable Energy Biomass Plant to Reduce Wildfire Risk
Oregon’s KTVZ, Channel 21 is reporting that the City of Prineville has just received a $1 million boost from the US Forest service for its plans with Crook County to build a 25-megawatt renewable energy biomass plant that officials say will speed and expand forest restoration projects while reducing wildfire risk.
Osoyoos Indian Band and Vaagen Fibre Canada Working Together to Restore BC Areas Devastated by 2021 NK’Mip Creek Wildfire
The Nk’Mip Creek wildfire of 2021 will not soon be forgotten by British Columbia residents in the area. However, it has yielded a unique partnership between the Osoyoos Indian Band (OIB) and Vaagen Fibre Canada, a forestry company, according to local reporting by the Times Chronicle.
Sonoco Products Company Sells 55,000 Acres of Timberland in South Carolina
Sonoco Products Company, a global packaging company, announced on Thursday that it has sold approximately 55,000 acres of timberland located in South Carolina to Manulife Investment Management on behalf of its client for the sum of $72 million.
PRT Growing Services Acquires International Forest Company (IFCO)
PRT’s acquisition of IFCO establishes North America’s largest reforestation platform. PRT will operate 14 seed orchards and 28 nurseries, producing 630 million forest seedlings annually.
US National Interagency Fire Center Wildfire Update for the Week Ending March 31st
The US National Interagency Fire Center is reporting that as of Friday, wildfire activity is currently occurring in the Southern and Southwest areas, with 18 large new fires underway. Active wildfires are burning on approximately 11,919 acres, with 15 of the 18 large wildfires contained.