In June, Canfor announced it would be permanently closing its Vavenby, B.C., sawmill, and sell the associated forest tenure to Interfor for $60 million.
Its proposed sale of timber rights for the operation to Interfor, which intends to use that product at its Adams Lake sawmill, requires approval from the provincial government.
The Simpcw First Nation later announced that this forest tenure sale is a “non-starter,” unless Simpcw has “a meaningful role in management of our forests.”
According to Kamloops This Week (KTW), Interfor wants to explore forest stewardship and partnership opportunities.
Ric Slaco, Interfor’s vice-president and chief forester, told KTW he expects Interfor and Simpcw will meet in the near future, to discuss joint decision-making and economic opportunities for the band’s forestry development business.
Interfor expects that the provincial government will make a decision on the acquisition in August.