N.B. forestry agreement ‘not finalized yet’
FREDERICTON – The Department of Natural Resources says the signing of the province’s new forestry agreement has been postponed.
The 25-year agreement between J.D. Irving Ltd. and the provincial government for the company’s forest operations on Crown land was supposed to be signed July 1.
A Department spokesperson confirmed Monday that the agreement’s “not finalized yet.”
“Which is not unusual with agreements since they can take longer than anticipated to be finalized sometimes,” said Sheila Lagacé. “For now, the work continues on it and the detailed block plans won’t be done until at least the end of July.”
In March, Premier David Alward’s government unveiled their new forestry strategy, increasing the amount of softwood that can be cut on Crown by 20 per cent each year. This means the preserved Crown land would be reduced from 28 to 23 per cent.