… private forests are subject to far less stringent regulations than publicly owned forests in B.C. According to Ken Wu, executive director the Endangered Ecosystems Alliance, lax regulations for privately owned forests threaten species at risk of extinction, Indigenous land rights, climate security and the economy. …just over a million hectares, or around one per cent of B.C., are classified as “private managed forests,” meaning they can be harvested for commercial purposes. … Mike Ekers, at the University of Toronto says, “the old growth and the hyper-valuable timber that’s been protected through activism on the west coast of Vancouver Island has generally been liquidated” within privately owned forests. …Ekers says the Private Managed Forest Land Act doesn’t make provisions for cultural, spiritual or recreational values to be protected. …In 2022, Mosaic introduced the BigCoast carbon credit initiative, deferring harvesting on 400,000 hectares of private land, trading the timber revenues for carbon credits.