Forests, Mines and Lands Minister Pat Bell responded today to the U.S. government’s filing for arbitration under the U.S.-Canada 2006 Softwood Lumber Agreement about British Columbia’s timber pricing policies.
“British Columbia has always honoured and continues to honour its commitments under the softwood lumber agreement,” said Bell. “I am confident the arbitrators will find the same.”
The U.S. complaint is based on the large volumes of mountain pine beetle-attacked timber that have been harvested. British Columbia’s auction-based pricing system ensures that the full value of timber – whether impacted by the unprecedented mountain pine beetle infestation or not – is captured by the government.