Stumpage - Stumpage in Canada

Stumpage in Canada

Canadian forests exist mainly on what is considered to be crown land, which the provincial governments have control over. Legislation dictates the fees that Canadian firms will pay for stumpage, and long-term agreements are reached regarding the management and harvesting performed on crown land. These long term agreements, called tenures, commonly involve 20 year concessions, with “rolling renewable” provisions, whereby the firm is capable of retaining a given management area.

Read more about this topic:  Stumpage

Famous quotes containing the word canada:

    I see Canada as a country torn between a very northern, rather extraordinary, mystical spirit which it fears and its desire to present itself to the world as a Scotch banker.
    Robertson Davies (b. 1913)