B.C. should consider ending stumpage timber fees, MLA says

By Ted Clarke
Prince George Citizen
January 10, 2023
Category: Forestry
Region: Canada, Canada West

John Rustad

Rustad says forestry uncertainty is scaring away investors, proposes tax system to reward value-added producers. …Nechako Lakes MLA John Rustad says mills in the north central B.C. region are going to require nine-figure investments to modernize and reconfigure their operations to make them more profitable in a province that’s recognized as the highest-cost producer in North America. …Rustad says the answer to create more certainty in the market might be for B.C. to scrap its stumpage fee system while it looks for ways reduce the cost of harvesting to timber companies. …”We should actually go to a tax on the end products , where the more you can do with a log, the less tax you pay. So it becomes an incentive for creating more value-added and creating more higher-value products.”

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