The goal of the MPB Plan is to ensure the viability and competitiveness of its BC operations in response to the lack of available timber supply following the beetle infestation.
Under an agreement entered into with Canfor Corporation, West Fraser has exchanged a portion of its existing timber harvesting tenure in the Morice Timber Supply Area (TSA) for Canfor’s tenures located in the Quesnel and Lakes TSAs. The Quesnel tenure will provide additional timber security to West Fraser’s largest and recently rebuilt sawmill located in Quesnel, BC which has over 400 employees.
The Lakes tenure combined with the remaining Morice tenure will provide additional timber security for the company’s sawmills located in Smithers and Fraser Lake, BC which together have over 500 employees.