Teal-Jones files for creditor protection in B.C.

By Julia Foy
Global News
April 28, 2024
Category: Business & Politics
Region: Canada, Canada West

The company at the centre of the Fairy Creek logging protests on Vancouver Island several years ago appears to be in trouble. The B.C.-based company Teal-Jones is bleeding money and its many employees, are now facing an uncertain future. …“Teal-Jones is a major and important forestry company in B.C. and it also has operations in several American states,” Minister of Forests Bruce Ralston told Global News. “The purpose of the court application is to hold off the creditor actions until they can readjust some of their internal revenue sources.”

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