B.C. defers stumpage fees to help forestry industry through coronavirus crisis

The government says the fee deferral leaves eligible companies with about $80 million to pay employees, contractors and other bills.

B.C.’s forest industry was struggling prior to the pandemic; hundreds of workers had been laid off and numerous mills had closed in the Interior due to high operating costs and low timber prices. Forests Minister Doug Donaldson says the deferral may help some companies get back to work sooner and could save other firms from shutting down completely.

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