The B.C. Public Service Agency (PSA) and the Professional Employees Union have ratified their tentative agreement negotiated under the Economic Stability Mandate.

The Cheakamus Community Forest near Whistler and the Province of British Columbia have signed an Atmospheric Benefits Sharing Agreement that enables the creation and sale of carbon offsets generated through improved forest management.

Provincial public-sector employers and employees continue to make progress with affordable collective agreements under the Economic Stability Mandate, as three new tentative agreements, including two in the post-secondary sector, have been reached and a further agreement ratified.

The Government of British Columbia announced that it is investing $6.2 million to support the forest sector in expanding global markets for B.C. wood products.

Amendments to forestry legislation introduced today will enhance the effectiveness of BC Timber Sales and allow the transfer of pulpwood agreements to increase fibre supply to pulp mills.

Effective immediately, the new allowable annual cut for the Morice Timber Supply will be 1.9 million cubic metres and decrease to 1.6 million cubic metres effective March 16, 2020, chief forester Dave Peterson announced.