Forestry Minister approves tenure “swap”
FORT ST. JAMES – The head of the Steelworkers Union, Local 2017, is pleased with the news from the Forests Ministry about the Conifex sawmill in Fort St. James.
In June, Conifex announced the sale of that sawmill to Hampton Industries for $39 million. But closing of that sale required approval from the Minister of Forests, Lands, Natural Resource Operations, and Rural Development. Specifically, under Bill 22, the Minister can block the process of “swapping tenures.”
Today, that exchange was approved. Hampton has committed to re-building within three years.
Brian O’Rourke, says the irony is not lost on him that BC companies are pulling up stakes and heading south, while Hampton is building here.
