Ownership Structure

History

After the Babine Forest Products mill disaster in 2012, it was uncertain whether the sawmill would be rebuilt due to the uncertainty of the fiber supply. The previous decade’s Mountain Pine Beetle epidemic had put a severe long-term constraint on the fibre supply. The Province would not guarantee Hampton fibre supply to support the rebuild but the Province was willing to commit Fibre supply in the form of a new Community Forest License. The Chinook Community Forest was born as as a partnership between six local First Nations and two Municipal Governments. These parties successfully negotiated a partnership agreement and ownership structure over the next three years. The final corporate structure was formalized in March 31, 2016 when Chinook Community Forest was Incorporated.

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Support Letters

Eight Primary Stakeholders of the Chinook Comfor Limited Partnership:

Burns Lake Band
Cheslatta Carrier Nation
Lake Babine Nation
Nee Tahi Buhn Indian Band
Skin Tyee Band
Wet’suwet’en First Nation
Village of Burns Lake
Regional District of Bulkley Nechako (Areas “B” and “E”)

The six First Nations own 85% of the LP and the two municipal governments split 15%. The management of the Forest License is handled by Chinook Comfor Ltd., which is owned in the proportions as the Limited Partnership. Chinook Comfor Ltd. does not hold any assets other that the Forest License.