Forestry company Canfor Corp. has signed a letter of intent to sell its forest tenure in the Mackenzie region of northern British Columbia to two First Nations, the McLeod Lake Indian Band and Tsay Keh Dene Nation. Canfor CEO Don Kayne said the sale will allow the two First Nations to grow their leadership in the forest economy and advance stewardship values for the benefit of their communities. Canfor has also agreed to sell its Mackenzie site, plant and equipment to wood product company Peak Renewables. Mackenzie, a forestry-dependent town northeast of Prince George, has seen hundreds of jobs lost at once-thriving mills. Most frustrating was seeing logs harvested in the region shipped elsewhere for processing, said Mayor Joan Atkinson. "I think this is a great opportunity, not just for the District of Mackenzie but especially for the McLeod Lake Indian Band and the Tsay Kay Dene," she said.

Read Full Story


More: