Canada is blessed with one of the natural wonders of the world, the magnificent Carmanah Valley in British Columbia. Home to 30-story-high Sitka Spruce, the tallest in the world; to Red Cedars that are 1,000 years old; to Western Hemlock that are among the largest in the world; and to majestic Cypress that were alive when Christopher Columbus discovered North America, this virtually untouched valley is one of the world’s last remaining temperate rainforests.
A Toronto-based environmental group, arguing that there’s no longer any economic benefit to logging in Vancouver island’s Carmanah Valley, is asking the British Columbia government to preserve the entire valley.
Shareholders in the forestry giant MacMillan Bloedel Ltd. would make more money by investing in Canada Savings Bonds than they will by logging British Columbia’s disputed Carmanah Valley, a study says. B.C. taxpayers will also make less money from the timber harvest than politicians are leading people to believe, according to the study, to be released today by Environment Probe in Toronto.
