Regional District of Nanaimo thanks Mosaic for reducing Hamilton Marsh price to $28M

Parksville Qualicum News
January 29, 2026
Category: Forestry
Region: Canada West

The Regional District of Nanaimo and Mosaic Forest Management continue to work together toward securing Hamilton Marsh lands as a regional park and conservation area. Mosaic has agreed to revise the purchase terms to $28 million from $30 million, subject to RDN board approval, in their efforts to help the RDN preserve the site. With the lower purchase price and generous support from the community and other agencies, which will to announced if all the conditions of the purchase agreement are satisfied, the RDN and Mosaic are optimistic a deal can be concluded to secure the “critical forest and wetland area.” “We thank Mosaic Forest Management for continuing to work with the RDN to acquire this ecologically significant land and for their reduction in the purchase price,” said Stuart McLean, RDN chair. …Hamilton Marsh, owned by Island Timberlands and managed by Mosaic Forest Management, is situated south of Qualicum Beach.

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