Competition bureau rules on Houston timber swap

The Competition Bureau ruled last week that the 2014 Canfor and West Fraser exchange of timber rights did not restrict competitive market.

The Competition Bureau ruled last week that the timber rights exchange in July 2014 between Canfor and West Fraser did not “unduly restrict” the competitive market.

West Fraser and Canfor announced in October 2013 that they were exchanging timber rights. West Fraser closed Houston Forest Products and took over Canfor’s timber rights in Quesnel. Canfor closed their mill in Quesnel and took over West Fraser’s timber in Houston.

The legal process examining the swap’s impact on the timber market was two-fold, said Greig Bethel, Public Affairs Officer with the Ministry of Forests, Lands and Natural Resource Operations.

First the “Federal Competition Bureau reviewed the transaction and decided not to take any action.”

Then the Ministry did a competition assessment.

Bethel says the Minister can cancel the forest licences if it’s determined that the competition in the standing markets for timber, logs or ships is unduly restricted.

“Given the pre-existing local market dynamics, the competition assessment did not identify any additional competition concerns,” Bethel said.

Bethel says the Minister has advised the Mayor of Houston, the companies and First Nations of his decision.

At a meeting last Tuesday, Houston councillor Rick Lundrigan said it is a white wash.

“Once again, Houston has been forsaken,” he said.

 

Just Posted

Province announces $100-million grant funding for Northwest communities

The Northern Capital and Planning Grant will go to four regional districts and 22 municipalities

Prince Rupert Gas Transmission project searches for partners

TransCanada is renewing permits for its natural gas pipeline project to North Coast.

Coastal GasLink stops work to investigate archaeological find

OGC archaeologists are en route to the Houston-area site where Unist’ot’en report finding stone tools

All Native Basketball Tournament Day 5: Recap

Highlights and results from day 5 at the All Native Tournament

All Native Basketball Tournament Day 6: Preview

Look ahead to all the action scheduled for Feb. 16 at the All Native Tournament

Trudeau’s principal secretary, Gerald Butts, resigns amid SNC-Lavalin furor

Butts categorically denies the accusation that he or anyone else in the PMO improperly pressured former attorney general Jody Wilson-Raybould

Poverty coalition has high hopes for B.C. poverty reduction strategy

Funding allocation expected to be released with 2019 budget

‘How did we get here?’: B.C. mom of transplant recipient worries about measles outbreaks

Addison, 7, cannot get a live vaccine because she has a heart transplant

NDP Leader Jagmeet Singh calls for public inquiry over SNC-Lavalin questions

Vancouver member of Parliament Jody Wilson-Raybould resigned from cabinet last week

Canadian airlines waiting for guidance from Ottawa over X gender option

Major U.S. airlines said they will change their process so passengers can identify themselves along non-binary lines

Moose Hide campaign takes message to Canadian schools

Campaign launches new K-12 education platform

‘Violent’ B.C. man wanted on Canada-wide warrant

Prince George man with ties to Vernon sought by police

Homicide police investigate assault turned deadly in Surrey

60-year-old man died at hospital after assault

Deported B.C. man who came to Canada as a baby granted chance at return

Len Van Heest was deported to the Netherlands in 2017

Most Read