B.C. government increased the share of revenue by 10% with First Nations on stumpage and B.C timber sales

The increased share of the revenue from stumpage and BC timber sales is effective as of April 1, and it will increase the First Nations’ share of forestry revenue by $63 million in 2022.
Under the Formal Forest Consultation and Revenue Sharing Agreement, there are 126 First Nations in B.C. that receive a share of the revenue from stumpage and B.C. timber sales.
However, in the past year, First Nations received between 3 and 5% of forest revenues under the current program, for a total of $58 million, which is an inadequate model, and a primary reason to double the amount of revenue shared with First Nations to between 8 and 10%.

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