A Change in Stumpage Fees Part of B.C. Liberal Party Agenda for Upcoming Election

British Columbia voters will be heading to the polls on October 24th after B.C.’s Premier, and member of the NDP, John Horgan, called for a snap election. According to B.C.’s Liberal leader, Andrew Wilkinson, “We’ve known for a long time that Alberta adjusted stumpage monthly. And for some reason, the NDP have locked us into this annual revision of stumpage that means there are huge lags and delays when the price of lumber goes up and down. That means the pricing of stumpage is inappropriate within months. It’s just way off the market price.” To address that particular issue Wilkinson is promising a more efficient fee if elected government. He says changes would be made within a year of his party taking office.

FEA compiles the Wood Markets News from various 3rd party sources to provide readers with the latest news impacting forest product markets. Opinions or views expressed in these articles do not necessarily represent those of FEA.
Original Source:
Liberals promising more efficient stumpage fees if elected government