Industry remonstration has prompted Natural Resources Minister Keith Ashfield to scale back the fees forestry compa…
Industry remonstration has prompted Natural Resources Minister Keith Ashfield to scale back the fees forestry companies pay to cut timber on Crown land.
According to a report by the CBC, stumpage fees for low quality softwood pulp will be reduced by a substantial 50%, while higher quality softwood and hardwood fees will constrict by 25%.
The report further indicated that the reduced fees will imply a $6.6 million savings for the province’s forestry industry.
Not everyone is pleased with the reduction, however. The CBC reported manager of New Brunswick’s Forest Products Marketing Board David Palmer as saying, “if the lowering of stumpage rates for Crown land simply means that the private land rates are going to be forced down again, that would be disastrous for us, especially in light of the other things that have taken place.”
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