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TIMBERWEST FOREST CORP
TimberWest is uniquely positioned as Western Canada’s largest private land management company. The Company owns approximately 322,000 hectares / 796,000 acres of private land on Vancouver Island.
TimberWest’s land management plans seek out the best and highest use of its lands, identifying strategies for both sustainable forest management and real estate. The Company’s land management priorities include unlocking opportunities for conservation and preservation of special lands, using landholdings in ways that help communities achieve their goals, and ensuring that only high-quality, conservation-minded developments occur on TimberWest lands.
Creating Value: Timberlands
TimberWest manages approximately 268,000 hectares / 662,000 acres (approximately 83% of the Company’s land base) as sustainable forest land, running fully-contracted harvesting operations. With almost 80% of the Company’s annual private land logging being done in second-growth stands, TimberWest leads the coastal industry in the growing and harvesting of second-growth timber. TimberWest also owns renewable Crown harvest rights to 0.7 million m3 of logs per year. Independent auditor, KPMG Performance Registrar Inc., periodically certifies that the forest management practices on both the Company’s private and public timberlands continue to meet all Sustainable Forestry Initiative (SFI®) requirements.
Creating Value: Real Estate
Approximately 54,000 hectares / 134,000 acres (approximately 17% of the Company’s land base) have been identified as having greater value as real estate properties and will progressively be made available for higher uses over the next ten to fifteen years. The Company reviews its land base on a periodic basis to update the size of its portfolio of higher use properties.
Contact us for more information about TimberWest.
Stapled Units of TimberWest Forest Corp. are traded on the Toronto Stock Exchange under the symbol: TWF.UN
TimberWest Road Access Information
With some exceptions, public access to TimberWest private forest lands on Vancouver Island is restricted. Your cooperation in complying with this closure on our private lands is appreciated.
Exceptions:
> Access to these TimberWest private roads is not currently restricted:
- The North and South Shore Roads around Lake Cowichan
- Comox Lake Main Road after 6pm and before 6am
> Access to these designated TimberWest campsites is not currently restricted:
- TimberWest designated campsites at 1st Nanaimo Lake, Heather Lake, Caycuse Lake and Kissinger Lake.
> Access to TimberWest lands at the Nanaimo Lakes for hunting season is not currently restricted:
- Access to TimberWest lands at the Nanaimo Lakes for hunting is permitted between the hours of 6am-5pm on weekends and holidays, effective immediately. (Note: Access is not permitted on weekdays). A 'game check' will be in effect at the main gate; users will be required to sign-in and any animals will be weighed and identified on the way out.
To obtain this information by phone, please call 250.729.3700.
This information was last updated on October 1, 2008.
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