COFI Releases Study on Competitiveness and Sustainability in the B.C. Forest Sector

The BC Council of Forest Industries (COFI) released a comprehensive report benchmarking B.C.’s forest sector against global peers. The study reveals declining harvests, reduced GDP, and lower investment competitiveness, while also highlighting B.C.’s strong performance in biodiversity protection. Key recommendations include securing wood supply, strengthening partnerships with First Nations, streamlining regulations, and enhancing support for bioenergy. The report underscores the need for strategic policy shifts to maintain a sustainable and competitive forestry future.

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