Quebec forest act abolishes monopoly

Proposal calls for setting up a marketing board for the sale of almost a third of the province's timber to the highest bidder

Email this story to a friend

Description

The Quebec government is proposing to revamp the way it manages the forest, setting up a marketing board for the sale of almost a third of the province's timber to the highest bidder and breaking the forest industry's monopoly over land use. The Forest Occupancy Act tabled yesterday will abolish most of the province's 250 to 300 forest management contracts signed with companies and offer instead a guaranteed supply of timber over a fixed term. The major forest companies will receive a guaranteed volume of timber that covers 70 per cent of the province's forest resources. The other 30 per cent will be sold on the open market by a newly created marketing board that will set a minimum price.

Additional Information

Category: Forestry>Land use

Region: Quebec, Canada

Ad Running: 6/14/2009-7/14/2011

Ad Posted: 6/14/2009 10:07:36 AM

Ad Viewed: 668 times

Create your
Buy & Sell Ad