Lake Babine Nation Forestry Limited Partnership, signs a Joint Development Agreement with West Fraser.

By West Fraser
April 8, 2024
Category: Forestry
Region: Canada, Canada West

The Lake Babine Nation, located in Burns Lake B.C., announced that its forestry company, Lake Babine Nation Forestry Limited Partnership (LBN Forestry), signed a Joint Development Agreement (JDA) with West Fraser. Under the JDA, we are agreeing to combine portions of our tenure volumes from the Bulkley and the Morice Timber Supply Areas and transfer them into a single First Nations Woodland Licence (FNWL) to be held by the Lake Babine Nation. …“This agreement will contribute to the durability of forestry in our region and deliver employment and long-term benefits to the Lake Babine people, other residents, and the regional forestry sector,” said Chief Murphy Abraham.  “This agreement recognizes the central role the Lake Babine Nation has in stewarding resources in its traditional territory, while providing a measure of fiber security for West Fraser,” said Sean McLaren, President and CEO, West Fraser. 

Additional coverage in Black Press, by Binny Paul: Lake Babine Nation, West Fraser sign joint development agreement

Business in Vancouver, by Nelson Bennett: B.C.’s West Fraser Timber, Lake Babine First Nation combine tenure

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