OTTAWA, ON—Canadian Forest Owners (CFO) congratulates the Honourable Tim Hodgson, Minister of Energy and Natural Resources, and members of the Forestry Transformation Task Force on the release of their report, which recognizes the important contribution of Canada’s private forests in building a competitive, sustainable, and resilient forest sector. Representing approximately 480,000 private forest owners across the country, CFO’s members manage 25 million hectares of privately owned forest land from coast to coast. Together, they account for approximately 10 per cent of Canada’s forest land base and 20 per cent of national forest production. As the report notes, “Canada has a proud tradition of private forest ownership.” Private forests contribute an estimated $14.5 billion annually to Canada’s economy and support nearly 40,000 direct jobs in silviculture, harvesting, transportation, and forest products manufacturing. …For CFO, the report’s recognition of private forests is an important step forward. However, the organization believes that recognition must now be accompanied by policy action.