News in timber


NDP Pushes B.C. Forestry Industry Remake Through Legislature Over Objections from Other Parties

Over the objections of B.C.’s Liberal and Green party members, the NDP used its majority to cut off debate on two major bills to remake B.C.’s forest industry. The two bills in question are a 160-page set of amendments that gives cabinet the authority to change or end timber licenses, determine what compensation may be paid to forest companies, and redistribute Crown logging rights to community and Indigenous land title holders.

California’s Wildfires Are Out, but Timber Industry’s Problems Are Beginning

In California, wildfires are an expected occurrence for the state’s timber industry and natural and restorative to these ecosystems. However, the severity of wildfires in 2020 and 2021 are expected to result in significant — some are calling it catastrophic — destruction in the timber industry, posing a threat to 32 million acres of territory blanketed by forests and the people who live and work there.

Biden Administration Proposes Reinstatement of Ban on Roads in Alaska’s Tongass National Forest

The fight over whether or not to ban roads on the more than 9 million acres of Alaska’s Tongass National Forest has been ongoing on for over 20 years. The Biden administration plans on settling that question once and for all. The restrictions had managed to stay in place for years through a series of court battles; however, the Trump administration reversed those legal decisions.

Proposed B.C. Forest Tenure Amendments Aims to Make Major Changes

The B.C. government is moving forward with its far-reaching measures to remake the forest tenure system. The measures include reducing existing company cutting rights, paying compensation, and reassigning logging rights to Indigenous and community forests. It also is requiring transparency by requiring area-based tenure holders to share forest inventory information with the chief forester

The Mountain Pine Beetle — 25 Years After

It was about 25 years ago that managers in Tweedsmuir Provincial Park noticed a patch of beetle killed pine trees. It is popularly believed that this was the starting point for the infestation that ravaged much of the BC interior Lodgepole pine stands and, had aggressive measures been taken, the extent of the damage might have been reduced.

Hancock Natural Resources Group Renamed Manulife Investment Management Timberland and Agriculture Inc.

Manulife Investment Management, a diverse private markets business, which includes timberland and agriculture, has announced that Hancock Natural Resource Group Inc has changed its name to Manulife Investment Management Timberland and Agriculture Inc effective today (11-15-21). The change completes the transition of all Manulife Investment Management private markets’ capabilities.