A 'vicious cycle' is scaring away investment from B.C. forests, says industry (Vancouver Is Awesome)
A dwindling supply of wood fibre and the BC government’s move to create a “paradigm shift” in the forestry industry is leading to a “vicious cycle” that is scaring investment away from the province, warned private equity experts and industry leaders Thursday. The comments, made at the BC Council of Forest Industries annual meeting in Vancouver, came following a year in which about 32 million cubic metres of wood was harvested — nearly half of what it was five years ago ...
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