Business
Timber! Government boosts tree cut
Jan 17, 2013 / 12:15 pm
The provincial government is increasing the allowable timber cut on the BC coast and boosting the export fee on some raw logs in an effort to put more people back to work.
Forests Minister Steve Thomson announced at the Truck Loggers convention this morning that his government is increasing the availability of coastal timber by 500,000 cubic metres.
In order to dampen the export of raw logs, Thomson says the average export fee would go up by 20 per cent.
The government is chopping the fee for low-and mid-grade logs on the mid-coast in order to increase logging in areas where less valuable timber is growing.
Coastal Forest Products Association president Rick Jeffery estimates the changes could create up to 4,000 new jobs on the BC coast.
But Opposition New Democrat forestry critic Norm Macdonald says Thomson's move will make little difference in saving forestry jobs in the region.

Read more Business News

Today's Market
| S&P TSX | 12667.22 | +9.13 |
| S&P CDNX | 948.32 | +6.27 |
| DJIA | 15303.10 | +8.60 |
| Nasdaq | 3459.144 | -0.274 |
| S&P 500 | 1649.60 | -0.91 |
| Gold | 1389.30 | -2.70 |
| Lumber | 316.00 | -4.50 |
| Oil | 96.05 | -0.11 |
| Natural Gas | 4.22 | -0.041 |
| CDN Dollar | 0.9699 | N/A |
_
Okanagan Companies
| Sun Rype | 6.29 | +0.19 |
| Pacific Safety | 0.05 | -0.02 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.56 | -0.01 |
| Cantex | 0.015 | 0.00 |
| Anavex Life Sciences | 0.475 | -0.025 |
| Metalex Ventures | 0.08 | 0.00 |
| Russel Metals | 26.54 | -0.08 |
| Copper Mountain Mining | 1.73 | -0.02 |
| Colorado Resources | 1.53 | +0.08 |
| ReliaBrand Inc | 0.13 | 0.00 |
_

The most brilliant marketing strategyOwning a business is a daily battle. Customers reduce everything to the most easily comparable factors – apples to apples – and dollars per unit. Business owners must constantly strive to...
The Accidental RunI had a crazy thought a few years ago. I was in the lobby of a Church talking to Matt Blacklock. Matt is a friend and ultra-marathon runner who has tackled some of Canada’s toughest long distan...
John Thomson's I Didn't Know That!I vowed when I started this column twenty-five years ago that I wasn’t going to write about politics and I have held the line until today but this item is really about questions. I looked back o...
_
- Telus offers $380 million for Mobilicity
- Loonie heads lower
- Loonie takes a short dive
- Music industry biggies donate $70M
- IRS investigated for tea party targeting
- Loonie weakens as commodities fall
- The buck is up - a little
- Cheap deadly cars made in Brazil
- Bangladesh to raise wages
- Open for business
- 'Gatsby' earns $51.1M, 'Iron Man' $72.5M
- Chrysler recalls nearly 470,000 SUVs

Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here













