BC's Northwest Fibre: Untapped Resource
By 250 News
Elmer Derrick, on left, in Vancouver on Wednesday with Prince George Mayor Dan Rogers, Quesnel Mayor Mary Sjostrom, and Forests Minister, Pat Bell
Vancouver, B.C. - A coalition of forest licensees in B.C.'s Northwest corridor has banded together in the hopes of attracting investment to the region...
The Northwest BC Forest Coalition brings together 11 forest licensees from Smithers to Prince Rupert, representing a potential timber supply of 2.7-million cubic metres per year. While the group formed last March, members have been attending the business events in Vancouver, coinciding with the 2010 Winter Olympics.
"We're using the Games to showcase British Columbia as the world's largest exporter of softwood forest products and reliable supplier of high-quality products," says Forests Minister Pat Bell. "As part of our business hosting strategy, we're taking the opportunity to promote investment and job-creation throughout the province, including the tremendous fibre resource in the northwest."
Coalition spokesperson, Elmer Derrick of Gitxsan Forest Enterprises Inc., says, "Instead of continuing to compete against each other in a very limited market, we decided with urging from Minister Bell, to pool our timber volumes to entice new investors."
The group is marketing the area to Asian investors, in particular, highlighting:
- the proximity of three year-round ports in Prince Rupert, Kitimat, and Stewart,
- CN rail lines servicing the area that can ship to all points in eastern Canada and the U.S.,
- and, for those interested in building manufacturing plants "to take advantage of the abundant fibre, an ample supply of electricity
The Northwest BC Forest Coalition launched its website last month to provide more information about opportunities in the area at www.nwbc-forestcoalition.org
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