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.
Tag Archives: MacMillan Bloedel Ltd.
Carmanah logging called poor investment
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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.