The province is piloting a new method of selling its timber in an effort to log more poor timber stands, including pine-beetle killed trees, and leave less waste behind.
The province is going to start auctioning timber under its B.C. Timber Sales program in lump-sum bids for specific areas. It's a major departure from the method used now, where the Crown agency seeks bids on a price-per-cubic-metre timber basis.
The winning bidder will make a single payment for the timber regardless of how much volume of timber is logged. The province believes this will create an incentive for companies to utilize more of the timber, not just for traditional products such as lumber, but also to feed pulp mills, pellet plants, and perhaps in a yet-to-emerge bioenergy sector.