In 2002 the provincial government established the Forest Investment Account as a means for the Ministry of Forests to provide funding enabling licensees to carry out certain forest management activities designed to achieve the government's objective of balancing the economic and social benefits of timber harvesting with healthy forest ecosystems. The licensees who operate in the North Coast TSA established a Steering Committee to facilitate the development of a process whereby the key objectives and issues were identified for the management unit which was defined to be the North Coast TSA. The Committee also identified projects, assigned priorities and established spending guidelines. The process involved a great deal of communication and co-operation amongst the licensees. Membership on the Steering Committee included representatives from: International Forest Products, Triumph Timber Ltd., Boyle & Dean Logging Ltd., Thomson Industries, BC Timber Sales and the Ministry of Forests. Although not a licensee, the Ministry of Forests was invited to participate to provide a link between this process and government policy. Archie MacDonald.
MacDonald, Archie, Misty River Forest Consulting. 2003. North Coast LBIR (land base investment rationale). Forest Investment Account (FIA) - Forest Science Program. Forest Investment Account Report. FIA2003MR216
Topic: FLNRORD Research Program
Keywords: Forest, Investment, Account, (FIA), Forests, Forestry, British, Columbia
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